What % of your monthly bring home are you guys spending on mortgage?

Currently, we are at 22%

My P&I on primary is about 10% of my monthly gross pay. Working to refinance that down to about 7% (from 15-year mortgage to 30-year mortgage).

I'm actually very curious about this. Currently less than 10%, but are considering moving farther out and buying a much more expensive house (and all the other expenses that go along with that). It may also require a pay cut if I want to work from home full time.

18% of what goes into the bank account, which is 11.5% of gross. That's P&I only, though, because I do not escrow.

If I include taxes and insurance, it's more like 30% of net and 18% of gross.

15 year at 2.625%.

Gross/Net
Mortgage - 10% / 14.5%
Insurance/Taxes - 3.9% / 5.7%
Total 13.9% / 20.2%

My home pays me a couple hundred to own it most months.

9.7% of monthly net income. This includes PITI.

About 15% of net monthly income.

10%

11% of net

I am slightly different than most. I have three separate revenue streams - W2, rental houses, and 1099 biz

Percent of w2 prior to pension contribution is approx 38%
Percent of w2 after pension contribution is approx 60% (Its a great plan so i max contribution)

Percent of w2 and rentals prior to contribution is approx 30%
Percent of w2 and rental post contribution is approx 53%

Averaging 1099 biz over 3 years

Percent of w2 and rental and 1099 prior to contribution is approx 23%
Percent of w2 and rental and 1099 post contribution is approx 34%



THE ONLY RATIO I REALLY CARE ABOUT IS HERE...
We save into 401k, pension, and pay off of rental mortgages approx 130% of the mortgage. I am good with all fixed and non-fixed costs until this ratio drops below 50%.

20.2% of net

My ex wife gets 25%, 401k gets 15%, house gets 19%.

Never ran the math but in at 20% of net on the lean months and it goes down from there depending on what my work schedule looks like.

jopatura said:

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~40% if you count just what's deposited in our bank account. We max out 401k's, HSA, and FSA dependent childcare though.

Pretax close to 20%.

Edit: this is all in full tax/insurance/mortgage.

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Same. I am at 39% of what hits the bank. We max out 401k. This is based on just my salary though. Now that we paid off wife student loans her salary goes straight to the market, so we don't include that in any budgeting.

All this to say, 40% of what hits the bank account is painful.

My mortgage (PITI)

Divided By

(Net W2 Salary (after all deductions, contributions, etc.)

Equals
20.45%

My monthly take home pay varies significantly month to month but on average my mortgage with property tax included is approximately 14.5% of monthly take home.

Like several other posters debating buying a larger house soon. If so it could go as high as 27% take home.

What is the max debt to income ratio lenders allow these days?

Based on actual take home (what goes into our bank), 10.2%. But this is just mortgage, we don't escrow our taxes. Add taxes and insurance and it's about 15.8%.

15 year mortgage @ a little over 3%

12.5% of take home (after 401, HSA, etc). That's principle, interest, taxes, & insurance.