Hi, Guest
02-28-2006, 02:51 AM
laidman,Feb 27 2006, 11:49 AM Wrote:$20/hour. How affordable would it be to move up on my own to London, Toronto, up that way if I had to for work.[right][snapback]172386[/snapback][/right]Your gross income is really not the number you need to look at -- assuming a 2,000 hour work year $20/hr is just $40,000 (no offense) so after taxes and other deductions how much of that $40,000 to you get to keep (the net) and how much of your net income is already spent on your other commitments.
And the key to being able to afford a mortgage is really in the down payment. What you don't want to do is make yourself "house poor" -- more often than not the outcome of that is a "motivated" seller.
If you haven't already, it is probably a good time to start developing some budgeting skills.
2008 Fusion SEL MTX - DD1 * 2009 Fusion SEL - DD2 * 2007 Focus ZXW - R*I*P * 2004 Focus ZTW CD Silver - sold * 2004 Focus ZTW Black - sold * 2003 Focus ZTW Black - sold * 2001 Focus ZTW Gold - sold * 2000 Focus SE Wagon (ZTW option) - Black - sold * 2000 Focus SE Wagon (ZTW option) - Gold R*I*P
2003 Focus ZX5 infra-red Track Rat - R*I*P
2003 ZX5 CD Silver Track Rat - retired, but still in the driveway
New track rat: 2000 ZX3, Atlantic Blue * JRSC with lots more to come
* New Zetec crate motor - NFG - thanks Topspeed *
2003 Focus ZX5 infra-red Track Rat - R*I*P
2003 ZX5 CD Silver Track Rat - retired, but still in the driveway
New track rat: 2000 ZX3, Atlantic Blue * JRSC with lots more to come
* New Zetec crate motor - NFG - thanks Topspeed *