https://boards.hellobee.com/ Pregnancy, Baby and Parenting blog, by Hellobee en Thu, 09 Apr 2026 04:49:11 +0000 https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage/page/2#post-334584 Thu, 11 Oct 2012 01:55:42 +0000 BSB 334584@https://boards.hellobee.com/ <p>22% of take home pay. </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage/page/2#post-332791 Wed, 10 Oct 2012 05:16:20 +0000 mynoahbear 332791@https://boards.hellobee.com/ <p>Ours is zero too because housing rent is included in DH's employment contract but we do have to pay some form of tax on it. </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage/page/2#post-332789 Wed, 10 Oct 2012 04:54:53 +0000 PurplePumps 332789@https://boards.hellobee.com/ <p>Wow, I feel like we are spending a lot now! 37% of our net pay goes to mortgage and taxes, we're paying a little extra principle each month, but our minimum payment would still be 33% of our net pay. </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage/page/2#post-332750 Wed, 10 Oct 2012 01:23:05 +0000 anonysquire 332750@https://boards.hellobee.com/ <p>8% </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage/page/2#post-332710 Tue, 09 Oct 2012 23:31:55 +0000 YSQueen 332710@https://boards.hellobee.com/ <p>About 20% </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage/page/2#post-330087 Mon, 08 Oct 2012 12:12:35 +0000 BelugaBean 330087@https://boards.hellobee.com/ <p>I'm a SAHM and we pay about 18% of what my husband brings home in rent. Hopefully we'll be able to cut that a bit when we buy a house. </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage/page/2#post-330026 Mon, 08 Oct 2012 11:38:28 +0000 Mrs.VW 330026@https://boards.hellobee.com/ <p>16% of take home pay </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage/page/2#post-326317 Thu, 04 Oct 2012 22:44:55 +0000 googly-eyes 326317@https://boards.hellobee.com/ <p>26% but that's with me being a SAHM, which is only temporary for us! When I go back to work we will be much more comfortable. We could have done it for less but we wanted to live in a specific (nice!) area so it is what it is! Fortunately we have paid off cars so that's one less bill. </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage/page/2#post-326278 Thu, 04 Oct 2012 22:29:21 +0000 photojane 326278@https://boards.hellobee.com/ <p>too much! we live in a super pricey area, and don't have the best jobs. my hubs is pretty much entry level now since he just finished school in may, so hopefully it'll even out more over the next few years. </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage/page/2#post-326267 Thu, 04 Oct 2012 22:24:01 +0000 Mrs squirreld 326267@https://boards.hellobee.com/ <p>Nothin we are super lucky that DH gets a house as part of his employment :-) one of the reasons we can afford for me to be a SAHM </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage/page/2#post-326228 Thu, 04 Oct 2012 22:07:31 +0000 Sugar.Biscuit 326228@https://boards.hellobee.com/ <p>6% of our take home goes towards or our mortgage. That's with PMI &amp; taxes. All do to great timing and excellent interest rates! </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage/page/2#post-325540 Thu, 04 Oct 2012 18:57:05 +0000 LazyLightning 325540@https://boards.hellobee.com/ <p>About 15% mortgage. </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage/page/2#post-325089 Thu, 04 Oct 2012 17:41:05 +0000 WALLAROO 325089@https://boards.hellobee.com/ <p>Rent is 24% of our take home pay - this is based off of DH's base salary not taking into account commission. </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage/page/2#post-324964 Thu, 04 Oct 2012 17:04:08 +0000 Freckles 324964@https://boards.hellobee.com/ <p>23% of our take-home pay (damn pension plan contributions!) but only because we've been making extra monthly payments to pay down the principle faster. Otherwise it's closer to 15%.</p> <p>I can't wait until we're mortgage free! </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage/page/2#post-324922 Thu, 04 Oct 2012 16:37:15 +0000 chopsuey 324922@https://boards.hellobee.com/ <p>2% goes to our mortage. 10% now goes to our rent. </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage/page/2#post-324909 Thu, 04 Oct 2012 16:28:24 +0000 Alivoo01 324909@https://boards.hellobee.com/ <p>27% of my paycheck goes to my mortgage which also include homeowners insurance, PMI, and taxes. </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage#post-324857 Thu, 04 Oct 2012 15:58:24 +0000 Foodnerd81 324857@https://boards.hellobee.com/ <p>Right after graduating college, with a crappy low paying job and living in NYC, I was paying pretty much half my take home pay in rent. It sucked, a lot. Now it's WAY lower for a lot of reasons. We could afford to pay more in rent, but we have a nice apartment in a great neighborhood, so we have no plans to move and just save for a house when we are ready for the suburbs. </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage#post-324786 Thu, 04 Oct 2012 15:06:39 +0000 hilsy85 324786@https://boards.hellobee.com/ <p>@Coco Bee: well, like I said, we'd be in major trouble if we just went off DH's base...however, he gets a yearly bonus as well that is usually way over his base salary. So from last year's total income, rent was actually only like 11% of our total income. The bonus is obviously pretty important to us, lol. </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage#post-324784 Thu, 04 Oct 2012 15:06:18 +0000 Turd Ferguson 324784@https://boards.hellobee.com/ <p>This is interesting to read; we just met with our mortgage guy yesterday to get pre-approved! </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage#post-324762 Thu, 04 Oct 2012 14:56:13 +0000 Mrs. Pen 324762@https://boards.hellobee.com/ <p>@hilsy85: oh wow!! We definitely don't make enough to pay nearly 50% of income to rent! </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage#post-324761 Thu, 04 Oct 2012 14:55:12 +0000 Mrs. Pen 324761@https://boards.hellobee.com/ <p>Oh my gosh!!! yours is all so low!! jealous...</p> <p>Ours is 28% of our adjusted gross income goes to rent. It's a lot. But there is nothing cheaper in this area. </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage#post-324747 Thu, 04 Oct 2012 14:50:30 +0000 Beebug 324747@https://boards.hellobee.com/ <p>12% on mortgage! Actually about 6%, but we upped the fixed payment to (try to) get it gone more quickly! </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage#post-324733 Thu, 04 Oct 2012 14:47:09 +0000 luckypenny 324733@https://boards.hellobee.com/ <p>somewhere between 20-30% . thats what happens when you live in the bay area. le sigh </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage#post-324731 Thu, 04 Oct 2012 14:45:36 +0000 amy 324731@https://boards.hellobee.com/ <p>About 10%. </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage#post-324729 Thu, 04 Oct 2012 14:44:52 +0000 matador84 324729@https://boards.hellobee.com/ <p>so interesting! </p> <p>dh and i both do "okay" not wealthy, but not paycheck to paycheck. we're definitely still adjusting expenses to having a baby. we want to get our own place by the time LO is one, and even with a healthy nest egg (at least WAY more than our friends), home ownership seems so far out of reach! with pmi, taxes, insurance, etc it's going to be more like 30% of my after tax income.</p> <p>i've read before you should never spend more than 28% of your after tax income on rent/mortgage... </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage#post-324669 Thu, 04 Oct 2012 14:22:12 +0000 Shutterbug 324669@https://boards.hellobee.com/ <p>Ugh, this is depressing. Our mortgage (including PMI, insurance, tax) used to be 35% of our take-home pay. We just refinanced though, so now it's 28%. </p> <p>When we bought our house 5 years ago we were making about 30% less than we are now though, so that was a huge % for our mortgage!</p> <p>Before taxes/401k/health insurance it's only 18.5% </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage#post-324662 Thu, 04 Oct 2012 14:17:03 +0000 Mrs. Pickle 324662@https://boards.hellobee.com/ <p>About 17% of my husband's take home pay. We don't include my pay in our budget or it would be less. </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage#post-324657 Thu, 04 Oct 2012 14:15:07 +0000 hilsy85 324657@https://boards.hellobee.com/ <p>Yikes, just calculated this...now that I'm no longer working, rent is about 47% of DH's base salary. However, bonuses are a huge part of his compensation--otherwise we'd be in trouble! </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage#post-324647 Thu, 04 Oct 2012 14:12:21 +0000 doxielove 324647@https://boards.hellobee.com/ <p>Rent is about 25% of take-home pay (income after taxes, insurance premiums, 401K contributions...). </p> https://boards.hellobee.com/topic/how-much-of-your-mo-income-is-spent-on-rentmortgage#post-324638 Thu, 04 Oct 2012 14:10:14 +0000 Bookish 324638@https://boards.hellobee.com/ <p>Mine is quite a bit, about 35% of our net income, after taxes, health insurance, and savings contributions. My payment includes taxes, PMI, and home insurance. </p>