What % of your monthly goes to housing?

[creditcardfree]

Were in the midwest.
P&I 13.2%
PITI 17.8%

Don't mortgage companies look at how much of your gross income goes to your payment rather than net?

I based the original answer based on net. Redo based on gross income:
P&I 10.8%
PITI 14.5%

[isralexba]

~20% of the net salary ... And this is considered cheap

[skydivingchic]

% of gross salary:
PITI+HOA fee 13.3% (this includes additional principal), without additional principal, 11.0%

% of net:
PITI+HOA fee 27.3% with additional principal, 22.4%

[frugalgirl]

Pittsburgh area. PITI based on gross = 17%

[Homebody]

30% for mortgage and utilities.
22% of net pay for mortgage only.

[rizzmo]

Midwest

P & I 6.8%
PITI 9.9%

[BlackDiamond]

I did mine in net. My gross pay is almost a full $1000 more than my net because I live in a high tax state. Also, my health ins comes out of my paycheck.

[LivingAlmostLarge]

25% of gross. living in same area as BD and our take home is around 50% of gross after everything.

[am_vanquish]

Currently 17.5% of gross in ATL, will increase to 22% of gross in a month (DW wanted to buy a house, I wanted to stay in current apartment; Compromise = moving to new apartment in nicer part of town)

My take-home is also about 50% of gross (healthcare, taxes, 401k, ESPP).

[janeysaurus]

I am in the city of Pittsburgh.

Roughly, our PITI is about 26% of gross main income. Obviously less if there's secondary and tertiary incomes in play. It's also a rough percentage because it's the first year in our house and some things haven't fully settled yet.

Our PITI includes PMI as well as escrow for real estate tax (school, city, and county) and house insurance. The not fully settled part is because I don't trust the escrow and am not yet satisfied the bank calculates the RE taxes correctly or pays them by the full discount deadline, as well as the fact I just had the house qualify for various county exclusions.

Utility calculation is also still up in the air, since it's the first year being in this house, and I've been unable to get the utilities nailed down to a regular budget payment plan.