Be life rich,
not house poor

Buying at the top end of your pre-approval price could
be setting you up for many dull years to follow.


Why?

BECAUSE, YOUR HOME COST IS MORE THAN JUST A MORTGAGE PAYMENT.

There are property taxes, maintenance, utilities and more due every month. If those add up to 35% of your total income, you’re on the right track. If not you might have to sacrifice in other categories such as vacation, debt repayment or savings. Take a look at the pie chart to see how you can be life rich instead of house poor!

Housing

Morgage
Taxes
Gas

Life

Food
Vacations
Fun
Medical
Childcare

Transit

Car Payments
Transit Passes
Gas

Savings

Long term saving

Debt

Credit card
Credit lines