Just doing some quick math....

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  • Iwinyourmoney
    SBR Posting Legend
    • 04-18-07
    • 18368

    #1
    Just doing some quick math....
    Was talking with my buddy, you think this is accurate?

    New escalade (75,000$) is 1700$ a month
    New house at best interest rate (400,000$) $1800 a month

    So just those two things are $3500 a month, not including bills, insurance, gas, ect.

    To live comfortable, what do you think the household income needs to be? I told him about 140,000$. Would give you between 8-9K a month. Or do you think you would need more to justify your expenses?
  • odusmykal
    SBR MVP
    • 08-30-07
    • 3426

    #2
    Depends on what part of the country you live in..
    Comment
    • BatemanPatrickl
      SBR Posting Legend
      • 06-21-07
      • 18772

      #3
      I think anyone who pays $1700 a month for a car is Pavyracer type moron.
      Comment
      • JohnAnthony
        SBR Hall of Famer
        • 04-30-09
        • 5110

        #4
        IWYM if I hit my crazy parlay tonight I will send you a mini Escalade.
        "I have never seen a wild thing feel sorry for itself. A little bird will fall dead, frozen from a bough, without ever having felt sorry for itself."

        - D.H. Lawrence
        Comment
        • Iwinyourmoney
          SBR Posting Legend
          • 04-18-07
          • 18368

          #5
          Originally posted by JohnAnthony
          IWYM if I hit my crazy parlay tonight I will send you a mini Escalade.
          John send me 2 dimes, thx pal

          Comment
          • Tsoprano
            BARRELED IN @ SBR!
            • 04-14-08
            • 26374

            #6
            Originally posted by BatemanPatrickl
            I think anyone who pays $1700 a month for a car is Pavyracer type moron.
            Or they just have money unlike you. Some people put as much effort as you do with points into real money in the real world.

            fact
            Comment
            • Iwinyourmoney
              SBR Posting Legend
              • 04-18-07
              • 18368

              #7
              Originally posted by Tsoprano
              Or they just have money unlike you. Some people put as much effort as you do with points into real money in the real world.

              fact
              Comment
              • BatemanPatrickl
                SBR Posting Legend
                • 06-21-07
                • 18772

                #8
                Originally posted by Tsoprano
                Or they just have money unlike you. Some people put as much effort as you do with points into real money in the real world.

                fact

                You live with your parents you fat virgin; wtf are you talking about.

                Fact.
                Comment
                • Deuce
                  BARRELED IN @ SBR!
                  • 01-12-08
                  • 29843

                  #9
                  This is a joke. You need at least 200k to live comfortable with bills etc. Lets not forget about taxes as well.
                  Comment
                  • Iwinyourmoney
                    SBR Posting Legend
                    • 04-18-07
                    • 18368

                    #10
                    Originally posted by Deuce
                    This is a joke. You need at least 200k to live comfortable with bills etc. Lets not forget about taxes as well.
                    140k a month is around 95-96k take home which is 8-9k a month. You dont think thats enough?
                    Comment
                    • pokernut9999
                      SBR Posting Legend
                      • 07-25-07
                      • 12757

                      #11
                      Good luck getting a $400,000 mortage for $1800 a month.
                      Comment
                      • Tsoprano
                        BARRELED IN @ SBR!
                        • 04-14-08
                        • 26374

                        #12
                        Originally posted by BatemanPatrickl
                        You live with your parents you fat virgin; wtf are you talking about.

                        Fact.
                        I find it even funnier since your avatar for over a year was a high end Mercedes.

                        I already know what you have to say to me.

                        Lets see.... Stiff Bookie, Fat, Mcdonalds, Celtics, Mommy insults, Lives with parents, am I missing any?

                        Because if I am missing any please let me know. I cherish your list of Tsoprano adjectives, nor matter how silly they may be.
                        Comment
                        • mmike032
                          SBR Hall of Famer
                          • 09-11-08
                          • 8905

                          #13
                          depends if ya wanna look cool now and impress the sheep with material things or live modest and retire early
                          Comment
                          • Iwinyourmoney
                            SBR Posting Legend
                            • 04-18-07
                            • 18368

                            #14
                            Originally posted by pokernut9999
                            Good luck getting a $400,000 mortage for $1800 a month.
                            40 yr at 5%. (granted a 40yr loan is fukin stupid)
                            Comment
                            • BatemanPatrickl
                              SBR Posting Legend
                              • 06-21-07
                              • 18772

                              #15
                              Originally posted by Tsoprano
                              I find it even funnier since your avatar for over a year was a high end Mercedes.

                              I already know what you have to say to me.

                              Lets see.... Stiff Bookie, Fat, Mcdonalds, Celtics, Mommy insults, Lives with parents, am I missing any?

                              Because if I am missing any please let me know. I cherish your list of Tsoprano adjectives, nor matter how silly they may be.
                              Making up crap again fatty? Never had a Mercedes as my avatar you retard. That was BradleySnyder.

                              Don't talk about money until you pay the people you owe.
                              Comment
                              • iceminers26
                                SBR Posting Legend
                                • 10-13-08
                                • 15600

                                #16
                                All I need are some tasty waves, a cool buzz, and I'm fine (Spicoli).
                                Comment
                                • Deuce
                                  BARRELED IN @ SBR!
                                  • 01-12-08
                                  • 29843

                                  #17
                                  Originally posted by Iwinyourmoney
                                  40 yr at 5%. (granted a 40yr loan is fukin stupid)
                                  I don't recall 40 year mortgages.
                                  Comment
                                  • Iwinyourmoney
                                    SBR Posting Legend
                                    • 04-18-07
                                    • 18368

                                    #18
                                    Originally posted by Deuce
                                    I don't recall 40 year mortgages.
                                    just saw it on some website. 30 yr at 4.6 is 2,050
                                    Comment
                                    • Tsoprano
                                      BARRELED IN @ SBR!
                                      • 04-14-08
                                      • 26374

                                      #19
                                      Originally posted by BatemanPatrickl
                                      Making up crap again fatty? Never had a Mercedes as my avatar you retard. That was BradleySnyder.

                                      Don't talk about money until you pay the people you owe.
                                      LOL yes you did you DELUSIONAL ****!

                                      Bradley had a black escalade. You had the girl with the silver benz for months pal. You have a terrible memory, I guess you've been thinking of me too much.
                                      Comment
                                      • sharpcat
                                        Restricted User
                                        • 12-19-09
                                        • 4516

                                        #20
                                        estimated mortgage rates do not calculate in an additional $700 a month for property taxes and homeowners insurance, nor did you add in the $400 a month full coverage auto insurance, and don't forget your $400 a month utility bills plus living expenses.
                                        Comment
                                        • pokernut9999
                                          SBR Posting Legend
                                          • 07-25-07
                                          • 12757

                                          #21
                                          Originally posted by Iwinyourmoney
                                          just saw it on some website. 30 yr at 4.6 is 2,050

                                          Add taxes and insurance.

                                          You will need a big down payment and spotless credit to get that rate.
                                          Comment
                                          • robmpink
                                            SBR Posting Legend
                                            • 01-09-07
                                            • 13205

                                            #22
                                            40 year mortgage? Do what now?
                                            Comment
                                            • robmpink
                                              SBR Posting Legend
                                              • 01-09-07
                                              • 13205

                                              #23
                                              Things usually seem doable on paper, but often don't play out as planned.

                                              Pop an unexpected kid in there and watch the plan go poof.
                                              Comment
                                              • james4512
                                                SBR MVP
                                                • 10-27-08
                                                • 3707

                                                #24
                                                140k is enough if you dont have kids, kids cost a fukking lot
                                                Comment
                                                • OnTheRun
                                                  SBR Rookie
                                                  • 02-01-10
                                                  • 46

                                                  #25
                                                  Everything is wrong with this guy. 1700 a month for a car...and 1800 a month for a 400,000 house. lol Dont act like you have money when you dont know finances.
                                                  Comment
                                                  • Boner_18
                                                    SBR Hall of Famer
                                                    • 08-24-08
                                                    • 8301

                                                    #26
                                                    Plus you need down payments to get those things. And you aint gonna get a great rate necessarily. It's fun to pretend but in real life homes have taxes and cars have upkeep.
                                                    Comment
                                                    • Shortstop
                                                      BARRELED IN @ SBR!
                                                      • 01-02-09
                                                      • 27281

                                                      #27
                                                      $1700 a month for a car payment?

                                                      I hope you're planning to live in it because that is more than most people's monthly mortgage payments.
                                                      Comment
                                                      • mmike032
                                                        SBR Hall of Famer
                                                        • 09-11-08
                                                        • 8905

                                                        #28
                                                        and you wonder why the housing market crashed, and theres umpteen million defaults on housing loans.
                                                        rob peter to pay paul mentality
                                                        Comment
                                                        • pavyracer
                                                          SBR Aristocracy
                                                          • 04-12-07
                                                          • 82888

                                                          #29
                                                          He should change his name to Iforecloseyourhouseandrepossessyourcar.
                                                          Comment
                                                          • dwaechte
                                                            SBR Hall of Famer
                                                            • 08-27-07
                                                            • 5481

                                                            #30
                                                            Originally posted by pavyracer
                                                            He should change his name to Iforecloseyourhouseandrepossessyourcar.
                                                            Comment
                                                            • BatemanPatrickl
                                                              SBR Posting Legend
                                                              • 06-21-07
                                                              • 18772

                                                              #31
                                                              Same guy who almost killed other drivers so he could get a free Grand Slam breakfast at Denny's.

                                                              Storytelling UP, IQ DOWN.
                                                              Comment
                                                              • durito
                                                                SBR Posting Legend
                                                                • 07-03-06
                                                                • 13173

                                                                #32
                                                                If you need a loan for a car, you can't afford to have a car.
                                                                Comment
                                                                • smitch124
                                                                  SBR Posting Legend
                                                                  • 05-19-08
                                                                  • 12566

                                                                  #33
                                                                  Wow, those car commercials really do work, who woulda thunk you could convince someone they need to spend $75,000 on a car?
                                                                  Comment
                                                                  • The Prick
                                                                    SBR MVP
                                                                    • 08-31-05
                                                                    • 4965

                                                                    #34
                                                                    while you fackin financial gurus is plottin on how ta go bankrupt dont forget the insurance an taxes on toppa yer little mortage calculations. with alla this brainpower on display we could prolly come up with some kinda madoff-sbr type scam or solve the financial crisis while we're cookin up hairbrane schemes
                                                                    Comment
                                                                    • 1st and Ten
                                                                      SBR Hall of Famer
                                                                      • 11-13-09
                                                                      • 5131

                                                                      #35
                                                                      Sounds stupid....75k for a car....hope you would be making 500k a year to make such a stupid purchase
                                                                      Comment
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