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Is it completely retarded to spend 35% of monthly take-home on a nice ass house?
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Date: July 18th, 2026 6:39 PM Author: onyx bateful state House is dope as hell, 5 beds 3 full baths and one half, 3 car garage, 1/2 acre lot in 10/10 school district but that's a hell of a lot of money. I'd need to do 33% down and maybe buy a point at closing to make it barely fit the budget, but it's pretty turnkey and wouldn't need much long term (newer roof, windows, veddy nicely finished basement and like a 100k deck/kitchen/pagoda with a fuckin TV) (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50008854) |
Date: July 18th, 2026 6:51 PM Author: cyan famous landscape painting roommate depends on what you value and how secure your income stream is. i think as a general matter a third is the pretty standard recommended limit for housing, so you're not really pushing it at all here. (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50008871) |
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Date: July 18th, 2026 7:21 PM Author: onyx bateful state The trick is I just, just started a job with base + commission. I have an 18 month guarantee but I think I'm going to blow right through it in my first quarter, the person I'm replacing retired and left me with a gigantic pipeline. My worry is it's tied to specifically the US domestic auto industry which might be a bit scary in the near future, and my wife and I are going to form babby next week.
Also I thought 1/3 takehome rule of thumb was total housing cost including utilities and maybe some repair reserve (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50008918) |
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Date: July 18th, 2026 7:25 PM Author: cyan famous landscape painting roommate hmm i'd be nervous about a new job and baby. you might really need that downpayment money. (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50008925) |
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Date: July 18th, 2026 7:35 PM Author: onyx bateful state It's a big promotion in the same company I have been at for over 10 years, not brand brand new at least. Also my boss and the CEO are on my team, I can count on them if shit gets sticky. Also I could keep about 6 months of emergency fund... (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50008935) |
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Date: July 18th, 2026 8:07 PM Author: cyan famous landscape painting roommate go for it then. (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50008966) |
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Date: July 18th, 2026 6:55 PM Author: Chestnut Spectacular Hell Take home pay? Yeah go for it (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50008880) |
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Date: July 18th, 2026 7:23 PM Author: Primrose irradiated spot ass house (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50008919) |
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Date: July 18th, 2026 7:37 PM Author: onyx bateful state ass faggot house (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50008939) |
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Date: July 18th, 2026 8:40 PM Author: razzmatazz alpha wagecucks Ass faggot residence (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009006) |
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Date: July 18th, 2026 8:41 PM Author: onyx bateful state Hello, faggot residence! Ass speaking! (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009013) |
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Date: July 18th, 2026 9:47 PM Author: Primrose irradiated spot I imagine this being said in a British accent by this lady https://en.wikipedia.org/wiki/Hyacinth_Bucket (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009119) |
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Date: July 19th, 2026 7:10 AM Author: onyx bateful state (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009518) |
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Date: July 19th, 2026 8:00 AM Author: Peach Cerebral Forum (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009539) |
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Date: July 18th, 2026 7:23 PM Author: rusted native mediation Yeah just slide and let do (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50008921) |
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Date: July 19th, 2026 7:11 AM Author: fuchsia doobsian property corn cake (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009520) |
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Date: July 18th, 2026 7:24 PM Author: Richard Ames Feels like a potential One Wrong Move setup. The house sounds great, but you have to try and envision what it’ll feel like 5+ years from now when the new factor is totally gone.
My own view is above a certain size threshold, more house isn’t a great return on investment and doesn’t move the needle as much as you’d want it to based on the cost. (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50008923) |
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Date: July 18th, 2026 7:45 PM Author: rusted native mediation Counterpoint: this guys income doubles and then his ONE WRONG MOVE was NOT buying this house (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50008946) |
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Date: July 18th, 2026 7:46 PM Author: scarlet elastic band cr, not buying it is basically lighting money on fire (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50008948) |
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Date: July 18th, 2026 8:39 PM Author: onyx bateful state Yeah that's why I'm here. There's some unique quirks and features about this particular house that make it good for us, we have toured about 15 in the last week and this was the first unconditional yes for the both of us. (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009005) |
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Date: July 18th, 2026 7:24 PM Author: Out-of-control Crackhouse Windowlicker POWERGOY ALERT (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50008924) |
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Date: July 20th, 2026 7:57 AM Author: Magical laser beams (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50011426) |
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Date: July 18th, 2026 8:15 PM Author: pink erotic chad indirect expression Aren’t you Low Income? So like a $3k mortgage?
Also aren’t you an Engineer? If you get fired just find new shit to Engineer. It’s not like you’re a Fake Job Guy who’s fucked if he loses his sinecure.
If ITE2 hits btw you’ll probably be able to refinance at a lower rate btw (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50008973) |
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Date: July 19th, 2026 8:12 AM Author: Olive bat-shit-crazy associate You seem confused champ (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009551) |
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Date: July 18th, 2026 8:15 PM Author: vigorous turdskin i wouldn't be comfortable with that, but i am probably an outlier. our mortgage is $2700/mo and take-home monthly is like $57k this year. we got this place when monthly take-home was probably $10k, and even then i guess it was a bit low.
what's your age, and how much $$$ do you have socked away for retirement and in investments. that would make a big difference for me. if you're like 35-40 and have $500k in 401ks and can still put away a decent amount, the house is fine. if not, i'd think very carefully before doing it. (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50008974) |
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Date: July 18th, 2026 8:31 PM Author: Richard Ames I am similar to you in this regard, though my average month isn’t quite that at the moment.
The peace of mind of having a decent house in a good area without sweating it goes a long long long way for quality of life. Makes it easier to take Big Swings as well. (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50008990) |
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Date: July 18th, 2026 8:40 PM Author: vigorous turdskin yea, my income went way up as of this year; the last several years i made like $350k but last year, i made around $550k. this year is $650 (due to my origination bonus from last year being paid to me this feb). next year, i am going to be in the equity partnership and given my numbers it looks like i'll be given a % of the firm that will equate to $800k or so (maybe up to $900). even still, i am not even thinking about upgrading houses. i'm going to try to max out the $70k or whatever i can put into the firm retirement plan and plow an additional $300k per year into investments. do that for like 3 years and maybe go part time or something.
fuck being house poor. (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009007) |
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Date: July 18th, 2026 8:53 PM Author: Richard Ames This is how you maek it. Well done!! (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009032) |
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Date: July 18th, 2026 9:53 PM Author: Smoky Tanning Salon Messiness how is your take home 57k a month based on those numbers? You need to be making like a million a year minimum for that kind of take home. (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009128) |
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Date: July 20th, 2026 8:58 AM Author: vigorous turdskin i'm literally retarded, no idea where that number came from. it's around $36-37k (gross hhi this year will be $760k). next year, it should be low $50s per month. (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50011505) |
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Date: July 18th, 2026 8:37 PM Author: onyx bateful state Very funny, you described us to a T. I have been in my current home 12 years with an $800/mo mortgage, we're 34 and 36 and have just shy of $500k combined in Roth IRAs and 401ks. Our post-purchase budget would continue to max both account types after closing. I have a company car (insurance and gas are free too), wife's car is a 2020 that we paid off in a year and a half and should last at least 5 more years while we sock away money for the replacement.
I have $150k cash on hand and around $200k in equity in the current house, would probably put down $200k half cash half interest only HELOC on current to move out so we don't have to stage it with a new babbyd00d. If stuff gets real tight, we have 2 other rentals we could sell and plow the profits into recasting the mortgage or doing a cash-in refinance if rates drop. (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009000) |
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Date: July 18th, 2026 8:41 PM Author: vigorous turdskin what's your income? you're probably good to do this if you really want the house. i'd be pretty on the fence, but that's just me. (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009011) |
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Date: July 18th, 2026 8:47 PM Author: onyx bateful state $200k combined gross of W2s plus another couple grand net on rentals. Exactly why it's a torturous decision, the numbers are very tight. I kind of need pressure to succeed, so maybe this gets me to grind that extra 1% harder to really crush it at work. (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009021) |
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Date: July 18th, 2026 8:48 PM Author: vigorous turdskin hmmm. i wouldn't do it but i'm unreasonably opposed to having a high mortgage for some odd reason (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009024) |
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Date: July 18th, 2026 8:52 PM Author: Richard Ames What if your wife wants to stop working after having the baby? Or if not, gotta think about childcare costs.
As sick as this house is, it won’t be the last nice one to come along. (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009027) |
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Date: July 18th, 2026 8:40 PM Author: cocky boltzmann i don't even know what my take-home pay is (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009008) |
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Date: July 18th, 2026 8:42 PM Author: vigorous turdskin how much do u make per hour (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009014) |
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Date: July 18th, 2026 8:52 PM Author: chartreuse multi-billionaire (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009031) |
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Date: July 18th, 2026 9:14 PM Author: cocky boltzmann i don't know that either. the way they pay me is too confusing (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009064) |
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Date: July 18th, 2026 9:57 PM Author: Aphrodisiac Bright Lay (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009134) |
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Date: July 19th, 2026 11:02 AM Author: vigorous turdskin 180 (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009770) |
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Date: July 18th, 2026 8:54 PM Author: chartreuse multi-billionaire 35% of your income of $X highly depends on what the X is. (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009035) |
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Date: July 18th, 2026 9:57 PM Author: Aphrodisiac Bright Lay If you can afford to put 1/3 down then go for it. Worst case scenario you have to sell and lose a bunch of money, but you’re not ruined. (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009133) |
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Date: July 18th, 2026 10:04 PM Author: onyx bateful state That's what the current seller is doing, he bought for 7 and got transferred out of state 2 years later and listed for 6 after putting at least 50k into it. They have objectively awful design taste but I'm down to peel off some wallpaper and tile the bathrooms myself to snag this place on a discount. (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009155) |
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Date: July 18th, 2026 11:14 PM Author: chartreuse multi-billionaire million? (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009286) |
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Date: July 19th, 2026 10:53 AM Author: pink erotic chad indirect expression he's Low Income. $600,000k (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009745) |
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Date: July 19th, 2026 11:25 AM Author: onyx bateful state do u think I can qualify for SNAP and TANF? (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50009792) |
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Date: July 19th, 2026 7:20 PM Author: pink erotic chad indirect expression I really don't think you should worry, do the math on a 3.5% rate versus whatever it is now and what that would do to your monthly payment. Assume if you get fired that rates will be lower. Engineers can just find jobs nbd imho. If the entire economy is Ruined, rates will be lower. If it's just You that's Ruined, then become Homeless and drink all day.
The only thing that gives me pause itt is you being like "my boss and the CEO have my back." no "CEO" has anyone's back, ever. If anything you buying the House is their trigger to be like, "time to Reassign him and make an Indian or a Woman his boss. He's trapped 😏," or some evil nonsense
Also it's not the purchase price that gets you necessarily it's the proportionately higher insurance, property tax, HVAC, and a Roof costing like $40,000k to replace instead of whatever. all of that is the straw that broke disco fries' proverbial back imo. (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50010809) |
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Date: July 19th, 2026 7:03 PM Author: chartreuse multi-billionaire 600K?? Why doesn't he just write a check and forget about it? (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50010777) |
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Date: July 19th, 2026 7:12 PM Author: big burgundy quadroon lol cr. This is retarded to fret over (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50010795) |
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Date: July 20th, 2026 7:54 AM Author: fuchsia doobsian property corn cake Brother I think this is 180 but just a few thoughts from long time & many time homeownermo. The good is that location fucking matters and if you're happy take that first and foremost. Additionally "value" will increase so think about cost locked in right now and FOMO for future, there's value. The two things to watch are taxes/insurance and improvement costs. On taxes/insurance, can you afford if those 2x in 5 years? That should be your baseline assumption, because everything is insane right now with inflation, climate risks, insurance greed, Boomer upgrading prices, you name it it's shit. So just price that in. If you're comfortable, great. Even if you think the house is in "great shape" do you have 10% of home's value to spend on repairs in next 2 years? Bank that in, assume major shit is going down because the owner has lied about the furnace or the stove or the plumbing or something. "Nice windows" lol okay brother, just pepper thy angus. IF YOU CAN DO those two cost things, you're fine, slide and let do. (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50011425) |
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Date: July 20th, 2026 8:08 AM Author: pink erotic chad indirect expression He’s not afraid of all that, he’s worried about ITE2 lol. Gen Xers received unemployment checks for 99 weeks iirc. (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50011449) |
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Date: July 20th, 2026 8:56 AM Author: onyx bateful state Taxes are capped by state law at no more than 5% increase per year or CPI (whichever is lower) We need to genocide boomers because they would be much lower if they followed the market. Insurance is a big one, good thing to call out. I don't think it 2x but I should be OK if that happens. Windows I called out because the 2 story windows in the living room cost a lot to replace if they go bad and these ones are new.
I'm a known prole goy Mr Fix It, the only stuff I don't touch is roofs over 2 stories and gas work (beyond hooking up a water tank or a stove obvs) due to risk. Everything else I can DIY. (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50011500) |
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Date: July 20th, 2026 9:01 AM Author: fuchsia doobsian property corn cake Cool brother. I don't anticipate insurance 2x in 5 years either but the point is just to plan for worst case scenarios. I agree we must genocide Boomers. And cool on DIY, brother, I can do basic shit but I have never invested to do the real work. (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50011510) |
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Date: July 20th, 2026 9:00 AM Author: heady newt cumskin Whatever you decide, be sure to tip your Realtor (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50011507) |
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Date: July 20th, 2026 9:01 AM Author: onyx bateful state brother I'm not just gonna give her just the tip (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50011512) |
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Date: July 20th, 2026 9:01 AM Author: Harsh theater stage rigpig People who live in ass houses (https://xoxohth.com/thread.php?thread_id=5883982&forum_id=2#50011511) |