Is Spending 40% of My Take Home on a Mortgage Too Much? Here’s What I Learned

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Is Spending 40% of My Take Home on a Mortgage Too Much? Here’s What I Learned

247wallst.com/personal-finance/2025/06/01/is-spending-40-of-my-take-home-on-a-mortgage-too-much-heres-what-i-learned

Key Points

Most experts recommend keeping housing costs to 30% or less of your income.

A Reddit user is thinking about buying a house that would eat up 40% of his take-home pay.

While there are risks to devoting so much money to housing, the poster can do a test run…

This story appeared on 247wallst.com, 2025-06-01 15:15:43.