[quote=threadkiller]What is this household income thing suppose to be? Is that gross or net? My net is probably different than many in that I pay for some of my medical insurance (a requirement I might add) charitable contributions, 401K, taxes on my taxes(or so it seems), my take home is about 60% of my gross. Is this normal? It defintiely affects how much home I could afford. I think the only relevent number is net income.[/quote]
60%? That’s a lot. My take home is 52% of my gross, at least until I max out my 401k contributions for the year.