Wealth By Michael
Region: AU
Thursday 12 October 2023 06:32:17 GMT
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Willem :
lol my mortgage is half that.
2023-10-31 06:05:14
0
Freddo :
£11,288 a month no thanks 😂
2023-12-21 21:34:39
0
ob_saint :
then try finding anywhere to buy that's that cheap?! 😳
2023-10-28 21:26:56
0
trespassing_minds :
no way I would want a mortgage at 6k a month wtf
2023-10-21 04:33:53
0
Kris | Zro Fux | ZF Clothing :
So just 28% of what you earn a month
2023-10-25 09:42:21
19
Al Waldron :
I think you meant after tax….
2023-10-22 10:55:41
13
Alan :
Yea I don’t wanna spend £1700 a month on a mortgage.
2023-10-27 14:23:40
9
Daniel :
my rent is twice that number lol
2023-10-28 17:52:56
7
Andrew Dodson :
It should really be your monthly take home pay after taxes and 15% for retirement.
2023-10-28 19:03:28
3
user4072975939132 :
how about after taxes 🤣🤣🤣🤣
2023-10-26 00:51:06
2
Setback :
lol no. You’d be house poor. Don’t use this method.
2023-10-12 15:28:51
2
Nickname :
Umm it has a number that is way way too big. I’m more like 15% not 28%
2023-12-01 01:39:03
1
MrStealy :
That’s actually what I feel I should be paying
2023-10-26 18:09:15
1
lukeclare14 :
should include P+I+T+utilities.
2023-10-25 03:24:41
1
frontwheelrider :
My mortgage could be almost 3x larger …… This can’t be right
2023-10-25 02:33:04
1
Barney0062 :
so buy a smaller house
2023-10-26 21:54:26
1
anthony_s2000 :
Still seems very high considering all other expenses.
2023-12-09 23:21:36
0
Keatsy :
😅😅😅😅 What?
2023-11-30 23:52:57
0
Jeffery Wenzowski :
Easier to just multiply your annual gross by 3.
2023-11-14 00:54:39
0
TomRicci :
Better to do net income. Going by gross income is useless
2023-11-13 14:00:17
0
DevotedDude :
Why’s mine so low?
2023-11-10 16:03:17
0
Marc :
Isn’t it half your age plus 7?
2023-11-09 18:34:57
0
J M :
He means multiply *1.28
2023-11-09 00:47:39
0
Dan :
Too general. A couple both earning 50k a year, bring a lot more home after tax than a single person earning 100k with a student loan for example
2023-11-06 14:08:27
0
dd.1989 :
I'm not spending £2500 on a mortgage
2023-11-01 21:09:21
0
gurbanibysukh :
it will be a very small number.. i believe mortgage number can't be so small.
2023-10-31 20:48:06
0
jessepatrick19 :
That would mean no more then 4k for me. I’d be drowning 😂 lol
2023-10-31 10:34:58
0
Amy | Theatre Creator :
you lost me at Partner 🙄🙄🙄
2023-10-31 08:26:33
0
DadBod73 🇨🇦 :
I got $302,000. Is that right?
2023-10-30 17:42:26
0
MML :
Jesus, that would mean i could have a pmt of $3529 and STill afford utilies, daycare, care payment AND food. Clearly im missing something. 1/1
2023-10-30 11:27:48
0
jamesevanson :
my mortgage is %40 of that number...this makes no sense. I could never afford that
2023-10-30 07:23:27
0
markymarkm :
assuming a 25 year mortgage?
2023-10-30 04:40:49
0
Paula Cardone495 :
And the sumner must include taxes and insurance on the home
2023-10-30 03:24:38
0
John Damian Crockett :
If I make 100K but 15k deducted for 401k, 8k for HSA,15K for taxes = 62k take home. Can I really afford the same house…NO. 2008 all over again.
2023-10-29 13:47:54
0
John Damian Crockett :
Step 1…the beginning of the problem.
2023-10-29 13:43:17
0
Burger :
Way too high…no more than 25% of your after tax pay if you want to be able to eat and have fun.
2023-10-29 12:50:16
0
FLA :
😂😂😂
2023-10-29 10:39:43
0
user1446109550278 :
Mortgage payment shouldn’t be more than 25% of your take home pay
2023-10-29 06:43:51
0
rogthu :
Never use both salaries. If one looses their job, you may not be able to make your payment. Banks suck you in to lend you more money
2023-10-29 03:18:41
0
Sam :
Your math ain’t mathing!
2023-10-29 03:11:24
0
Ant :
£2,500 on a mortgage??
2023-10-28 11:03:41
0
Chris Plays Golf :
don't think this is right, my mortgage is 14% of my monthly salary - if I used 28% all I'd be doing is working and eating
2023-10-27 22:22:01
0
Scott Young :
hahahahaha so over double what I'm paying. worst financial advise ever. maybe at best after tax salaries of this 🤣
2023-10-27 14:46:22
0
llamacorn152 :
@A H about £1400 wayyy too much
2023-10-27 13:30:17
0
randomtokdude :
rule oh thumb. property price is 3x your annual income. max
2023-10-26 11:55:31
0
scduc111 :
not a good plan. 28% mortgage +33%taxes thats 61%. then food, gas, utilities, phone, cable. that's the American dream. No.
2023-10-26 00:35:33
0
JDub8403 :
Well shit on me alone is 4800 a month
2023-10-25 19:43:16
0
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