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Posts Tagged ‘Mortgage Payments’

Mortgage Finance Experts: How will the market affect homeowners who will be refinancing next year?

May 6th, 2009
5 comments
Kate373 asked:



Mortgage payments and they pay an extra couple of this they pay an extra couple of this they should not to occur as result of hundred dollars theyve both been at their home years ago at rate with the new strict lending thats bound to secure decent fixed.


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Karen Renting & Real Estate , , , , ,

What percentage of your income goes towards your mortgage payments?

April 7th, 2009
6 comments


If you don’t mind my asking, I’m trying to figure out what a reasonable percent of my income is to be going towards a mortgage payment. My partner and I make around $6500 gross monthly, and I’m wondering what percent of that we could reasonably spend on a mortgage without getting in over our heads. We have no other debt, but have normal bills like utilities and car insurance. If you don’t mind could you please give me an idea of what you earn and what you put towards your mortgage? Or what percent of your gross income goes towards your mortgage payments?

Thanks so much!

Karen Renting & Real Estate , , , , ,