How much money is comfortable after paying the mortgage and bills?

January 26th, 2012 | by admin |
Mark - asked:


My mortgage broker offered me 45% of gross income.
I calculated that after paying mortgage and all bills I’d be left with 5K spare cash a month to spend.

I have no idea is this is reasonable and am interested to hear how much money folks feel comfortable having after all the bills are paid.

Thanks!

Bifold Closet Doors

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    1. No Responses to “How much money is comfortable after paying the mortgage and bills?”

    2. By mickie lynn on Jan 28, 2012 | Reply

      yes. very reasonable. you could essentially spend a thousand dollars a week….

    3. By iwantzev on Jan 31, 2012 | Reply

      If you have that kind of disposable income per month your are wasting time on YA - you should be talking to your bank or financial adviser on investment strategies that suit your spending lifestyle.

      ie, everyone’s spending lifestyle is different.

    Sorry, comments for this entry are closed at this time.