RE: What's Your Mortgage Compared To Your Income?
July 11, 2018 at 11:03 pm
(This post was last modified: July 11, 2018 at 11:07 pm by Whateverist.)
I'm a kept man, one who turns over the pay checks and hopes for the best. Our monthly mortgage takes about a fifth to a sixth of what we gross. We refinanced a fifteen year mortgage back when we needed to do some major roof work. I'm not sure how many years are left on that, not many.
The original mortgage was for about 50,000 back around 76. The property is probably worth twenty times as much now but i'm not sure if the building adds anything to that or brings the value down. It isn't for everyone but it has room inside for Lia's studio and space outside for lots of gardening.
![[Image: 5824852423_05f7544709_z.jpg]](https://farm3.staticflickr.com/2396/5824852423_05f7544709_z.jpg)
The original mortgage was for about 50,000 back around 76. The property is probably worth twenty times as much now but i'm not sure if the building adds anything to that or brings the value down. It isn't for everyone but it has room inside for Lia's studio and space outside for lots of gardening.
