https://boards.hellobee.com/ Pregnancy, Baby and Parenting blog, by Hellobee en Sun, 31 May 2026 05:20:56 +0000 https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2535579 Thu, 28 Apr 2016 07:34:11 +0000 winniebee 2535579@https://boards.hellobee.com/ <p>House value is about 2x our combined salary. </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2535577 Thu, 28 Apr 2016 07:29:55 +0000 Corduroy 2535577@https://boards.hellobee.com/ <p>4x for a modest Bay Area house with dual income. I expected to see a larger % of much higher ratios here. </p> <p>We are very fortunate that we had a big down payment saved and my parents helped us by investing in the house with us. All my coworkers that are renting now are really struggling. Too expensive to buy, too expensive to rent. </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2535536 Thu, 28 Apr 2016 05:26:39 +0000 delight 2535536@https://boards.hellobee.com/ <p>Our house purchase price was 2.3x our combined gross income. Is that how to calculate? I wasn't sure if it was gross or net!<br /> Our mortgage now is about 1.7x our income. </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2535522 Thu, 28 Apr 2016 00:44:36 +0000 808love 2535522@https://boards.hellobee.com/ <p>Purchase: 4x<br /> Value: 5.5x-Mortgage/Only Debt:3x<br /> Equity: 2.5x </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2534958 Wed, 27 Apr 2016 10:38:42 +0000 Rainbow Sprinkles 2534958@https://boards.hellobee.com/ <p>We are selling ours for 2.25x annual income and will be buying 3x our income. </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2534927 Wed, 27 Apr 2016 10:08:19 +0000 meganmp 2534927@https://boards.hellobee.com/ <p>@PurplePeony: Right? Insane. A house across the street from us- 2BR 1 Bath - went for $664k last year. OMG. </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2534922 Wed, 27 Apr 2016 10:04:28 +0000 ValentineMommy 2534922@https://boards.hellobee.com/ <p>Purchase price - 2.8x<br /> Market Value - 4x<br /> Current mortgage amount - 2.5x </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2534920 Wed, 27 Apr 2016 10:01:47 +0000 T.H.O.U. 2534920@https://boards.hellobee.com/ <p>purchase price: 2.5x (low salary, fixer upper house, low market)<br /> debt: 1.5x (we make more now and have paid off some in 7 yrs)<br /> value now: 2.25x </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2534912 Wed, 27 Apr 2016 09:51:42 +0000 psw27 2534912@https://boards.hellobee.com/ <p>purchase price: 3.2x<br /> debt: 2.4x<br /> value now: 4.4x </p> <p>Our area is insane... I really hope that someday we can take our equity and buy a house outright in a cheaper part of the country... and live a simpler life without housing cost stress. </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2534898 Wed, 27 Apr 2016 09:39:14 +0000 dc yoga bee 2534898@https://boards.hellobee.com/ <p>@Mrs. Lemon-Lime: True! We bought in a young suburb which made the list for best schools and wealthiest counties in the nation. They are building like crazy out here. My parents did the same thing when we lived in Georgia, and walked away with 180K check after the sale of our house! </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2534881 Wed, 27 Apr 2016 09:25:19 +0000 Mrs. Lemon-Lime 2534881@https://boards.hellobee.com/ <p>Hmm, the value of the house is always a moving target based on the marketplace.</p> <p>Our new house sales price is a little less than 3X times our combined base salary. We used DH's income only to qualify for our mortgage, which is of course less than the sales price. We plan to live there for at least 10 years. </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2534836 Wed, 27 Apr 2016 08:50:27 +0000 dc yoga bee 2534836@https://boards.hellobee.com/ <p>We qualified on my salary alone, and it's 4.4x that. Obviously, we have DH salary too, but wanted to make sure we could afford it on one salary alone without any help if Something happened. I got a promotion 4 months after we moved, and the area is hot. If we are still only using my salary, it's now 3.75x my salary. The house appreciated $15K from the time we put a contract on it, and it was built (4months.) We plan to stay for 6 years, and use the equity to buy our forever home. </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2534834 Wed, 27 Apr 2016 08:49:33 +0000 MrsBrewer 2534834@https://boards.hellobee.com/ <p>We are in our starter/fixer upper house right now, and with what we bought it for, and our income, we are 1:1 actually. </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2534828 Wed, 27 Apr 2016 08:41:43 +0000 Umbreon 2534828@https://boards.hellobee.com/ <p>Our house is worth about 4x our household income. We don't plan to move. </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2534771 Wed, 27 Apr 2016 07:32:00 +0000 wrkbrk 2534771@https://boards.hellobee.com/ <p>Is actually equal right now. We are looking to move in about A year. </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2534740 Wed, 27 Apr 2016 05:42:29 +0000 T.H.O.U. 2534740@https://boards.hellobee.com/ <p>@Sapphiresun: that's probably a great way to show the progression. It's great to see so many that are increasing their investment. </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2534729 Wed, 27 Apr 2016 01:26:24 +0000 FannyMae 2534729@https://boards.hellobee.com/ <p>Currently - 6.25. Value has gone up quite a bit since we bought our hours 8 years ago, our income has not increased by much at all. </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2534728 Wed, 27 Apr 2016 01:21:16 +0000 Sapphiresun 2534728@https://boards.hellobee.com/ <p>Purchase price: 3.4x<br /> Amount Owing: 2.3x'<br /> Current Value 5.6x </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2534726 Wed, 27 Apr 2016 01:01:09 +0000 daniellemybelle 2534726@https://boards.hellobee.com/ <p>2x </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2534719 Tue, 26 Apr 2016 23:22:26 +0000 LatteLove 2534719@https://boards.hellobee.com/ <p>Ours is about 4x our income, in SoCal It's so stressful! My siblings are all closer to 1.75-2x in the Chicago suburbs. </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2534707 Tue, 26 Apr 2016 21:57:51 +0000 matador84 2534707@https://boards.hellobee.com/ <p>It is 1.3 now but we close in a month on a new house and will be 2.4 </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2534701 Tue, 26 Apr 2016 21:18:55 +0000 mrs.kiwi 2534701@https://boards.hellobee.com/ <p>@stratosphere: I'm in the bay too and I'm shocked at how low te ratios are.. I feel like most ppl here it's more like 10x!!!</p> <p>But I'm renting so I can't play </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2534687 Tue, 26 Apr 2016 20:55:42 +0000 Mrs D 2534687@https://boards.hellobee.com/ <p>Purchase price - 1.5x</p> <p>Current value - 2x<br /> Current mortgage amt - 1.5x </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2534662 Tue, 26 Apr 2016 20:03:42 +0000 Boogs 2534662@https://boards.hellobee.com/ <p>10x but our house holds a lot of value right now and it's nowhere near what we paid for it. For what we actually paid for it, then 5x. </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2534599 Tue, 26 Apr 2016 18:46:02 +0000 MamaBehr 2534599@https://boards.hellobee.com/ <p>2x </p> <p>We have so much student debt and I'm not working right now. </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/3#post-2534598 Tue, 26 Apr 2016 18:45:50 +0000 Autumnmama79 2534598@https://boards.hellobee.com/ <p>@QBbride: lol I thought I was calculating wrong too. </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/2#post-2534591 Tue, 26 Apr 2016 18:33:52 +0000 stratosphere 2534591@https://boards.hellobee.com/ <p>I live in the Bay Area, CA and in SF itself and neighborhoods outside the city with good schools, you're looking at $1.5-$2 million for a decent 3 bedroom single family home. I'm not even joking. I don't know too many folks making $750k-$1m a year, so around here I'm guessing the income/home value ratio is VERY high! </p> <p>But those insane prices are why I'm still renting so I can't play. </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/2#post-2534590 Tue, 26 Apr 2016 18:33:51 +0000 wheres_c 2534590@https://boards.hellobee.com/ <p>1.66x in Austin </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/2#post-2534577 Tue, 26 Apr 2016 18:15:53 +0000 threeplusme 2534577@https://boards.hellobee.com/ <p>Were in the nyc suburbs and house hunting now. 2 times our income wouldn't buy us anything. We're looking at about 4 times our income and been out bid many times! Starting to look at almost 5 times our income. </p> https://boards.hellobee.com/topic/house-to-income-ratio/page/2#post-2534571 Tue, 26 Apr 2016 18:05:25 +0000 QBbride 2534571@https://boards.hellobee.com/ <p>Oh wow all these numbers seem really low, maybe I'm not calculating it right?! Our current house value (what we could sell it for tomorrow) is about 10-11x our gross income :shocked: to be fair, the value has probably almost doubled in the last two years (since we moved here). I'm not gonna lie though, we have a huge mortgage!<br /> ETA: we bought our house for about 5.8x our gross income two years ago... </p>