In the discussion thread: Romney’s deduction cap would touch sensitive tax breaks [View all]
Response to Lasher (Reply #6)
Wed Oct 3, 2012, 01:13 PM
CreekDog (46,027 posts)
9. Your numbers are completely WRONG
500k mortgage at 4% interest rate is roughly $2400/month payment.
At 36% of monthly gross, income would be $7000/month or 84k per year. The median housing price in San Francisco is 705k. Anyway, I think it's pretty bad to post false numbers in order to falsely make people with 500k mortgages out to be wealthier than they often actually are. |
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