What is the most suitable monthly mortgage payment?

I personally think that the monthly mortgage repayment should not exceed half of my personal income, that is, about 50% is the best.

Mortgage is not the only expense in our life, but also the usual utilities, rent, living expenses and so on. Some people who buy cars also need gasoline. These are all necessary every month. In addition, girls need clothes and cosmetics, and boys need cigarettes, wine and clothes, all of which need a lot of money. If the monthly mortgage payment ratio is too large, it will have a great impact on us.

Although it is said that there is pressure to have motivation, when the pressure is too heavy, I am afraid it will crush people. 50% of the income is paid monthly, and the remaining 50% is used for these expenses. I think as long as you are careful, you can still live a good life. Those who save a little can also save a sum every month for a rainy day.

That's the kind of single situation. If you are married and have a family, the monthly payment can be slightly increased, accounting for about 60% of your income. During this period, you can still work hard for your family and future children. If you have children, the monthly mortgage will account for 40% of your income. After all, children's expenses are not a small expense. If the proportion is too heavy, the remaining money will not be enough.

Of course, monthly mortgage payment should be treated according to the actual situation. After all, everyone's situation is different. Those who have the ability can pay it back early, and those who have low ability will spend more time and interest.