How much do you owe on your house compared to your income? I've seen different rules of thumb, but I don't know that I agree with any of them, so I am curious. I'll set it up as a poll so you can answer anonymously. (Just round to nearest percentage.)

I chose 150%. When we took out the mortgage, it was approximately double our annual salary. Now it's down to about 1.5 times our annual salary.

Ours is about equal, because income has gone up and mortgage has gone (slightly!) down. When we took it out, it was about 150% of what our previous year's income had been.

We owe right at 50% of our annual salary. When we bought it 4 years ago, it was right at 100%, but our pay has significantly increased since then.

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Chopey

5 times our annual salary.

We know it's bad. It's not that we have a huge house. We just have a small family income.

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65%

We owe zero. But that is because we bought a trailer for 1000 dollars. I don't know how long we will live here, at least a few more years. Need to pay off all debt. Haven't even had a chance to do that yet.

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I have nothing to declare except my genius."
- Oscar Wilde (1854-1900) upon arriving at U.S. customs 1882

Right now it is a little less than 2 times our income, but if I stay at home when the baby gets here it will be 3 times our income. Yikes!

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IT'S A BOY!!!

I chose 150%, but it's closer to 125. I've never really paid attention to ratio...we always look at our mortgage PAYMENT amount compared to our net income.

Interesting to see these figures.

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We don't owe anything on our house, but when we bought it, it was about a quarter of our combined income, and we put in about a third of our income into it while remodeling.... so I don't know what that would add up to.... a little over half of our annual income I guess?