Can anyone tell me the after tax monthly income in my situa-第1页

TempAcct

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Can anyone tell me the after tax monthly income in my situa

Can anyone tell me the after tax monthly income in my situation? My family base annual income will be (After LD and I both graduate this July) around $135,000. How will the monthly after tax paycheck be? Can we afford a house of $400k if we have cash for the downpay? Thanks! [em01]

[此贴子已经被作者于2006-4-6 21:40:41编辑过]

TempAcct

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以下是引用tetrahedral在2006-4-6 21:28:00的发言：
I've heard that the safe range of prices that you pay for your house is no more than 3 times of what you earn. If this is true, then you're about right on the cap. But I don't think this applies to those high living expense area, such as in California. [em01]

Unfortunately, I live in a high expense area. [em03] [em03] [em05] [em05]

How much will the $320k mortgage and other related expense on the house cost us per month?

TempAcct

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以下是引用tetrahedral在2006-4-6 21:59:00的发言：

以下是引用TempAcct在2006-4-6 21:49:00的发言：

Unfortunately, I live in a high expense area. [em03] [em03] [em05] [em05]

How much will the $320k mortgage and other related expense on the house cost us per month?

I do not know the exact amount, it depends on a number of things. But you can check it out using some online finance tools, or ask your finance advisor. Good news is that I know people whose family income is similar to yours and bought $400K house in Bay area, and are having decent life. [em08]

You are so nice! Thanks a lot. It seems that I need to do some homework before making our budget. [em11] [em11]

TempAcct

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I search for a calculator. The after tax paycheck amount is much less than I thought.

In case some one else need it, I put the link here:http://www.paycycle.com/resources/paycheckCalculators.jsp