yungfourfour

$60K a year just for mortgage means you pay $60K before you salary got taxed away.  

1.  Say you don't buy any RRSP for tax break you still get ~30 % being taxed away
So both of your income has to be at least $50K just to support a mortgage like this.

2.  $500 a month for a car mortgage (excluding insurance) is a lot! you're doing zero down?

3.  $100 for medical? I think a lot of companies get your MSP and health coverage covered.... $20 MAX is all you pay per month.

4.  $1000 a month sounds reasonable.... a couple work with this wage deserves to eat out sometimes.

the other stuff sounds okay..... I only have comments on 1-3 i listed.....

yungfourfour

原帖由 celeron_266 於 2008-5-24 14:11 發表
LOK:

i have made modifications on the mortgage at the thread just above you

yungfourfour:

1.  thats why i said each person have to earn about 100k after tax to support themselves

2.  done modifyin ...

if you consider a $400K town house, chances are you can rent your basement for $700 a month at least??
apartment jau ng duc, on top they have condo fees.
In HK every 10 years all apartment owners are forced to pay the "building mainteinance fee" to repair the building, and that's not cheap at all as my mom told me...... i hope that's not the case in vancouver.
say you are currently at $50K, but a company will give you 3% cost of living and you'd get another 3% for step raise
so I'd guess you and your partner would ease up a bit after a few years, esp. car loan only goes 5 years max

If I were you, I'd save up for few more years first (mortgage interest rate is going down but I think it could go further)

[ 本帖最後由 yungfourfour 於 2008-5-24 16:02 編輯 ]

yungfourfour

原帖由 Hyde 於 2008-5-24 21:00 發表


how is $500 a month for a car is alot? at best you can only lease a camry or accord.

If you are willing to pay $500 a month for 3 years why don't you just save it for a big lump sum?
and if I am just leasing it (not owning it), i won't pay $500 a month tim lor

yungfourfour

原帖由 Hyde 於 2008-5-24 21:06 發表
i really wonder how ppl can survive in Vancouver with their little salary and high tax

go earn your money else where, then come back to live in van when you have money

you must get a really decent job/ rich parents then.
a reminder for you, everyone who replies in this forum still survives =)

yungfourfour

原帖由 katamari 於 2008-5-25 00:22 發表


I think hyde won't even want to be friend with someone who owns a cars that has $500 payment per month

Gum this one must be his mom's diary la

http://www.xanga.com/richladies

This is seriously my ultimate source of entertainment... too bad her son just tries hard to upset people but always fails LOL

yungfourfour

原帖由 Catpiano 於 2008-5-25 11:13 發表


At least .. I dont work in downtown ..     but my wife does ..

Anyway .. I guess most of LYK are just living with parents .. so no need to worry about living cost ..  no mortage .. already bi ...

I live home but I pay $500 a month to them ga..
I gave up my master bedroom @ basement after I grad... I found tenants for them and we manage to rent it out @ 1.5K a month for 3 tenants lor