Next poll...honing in on mortgages

How much did the idea of debt concern you in making a mortgage decision

  • I hate debt and wouldnt have a mortgage, period

    Votes: 20 23.5%
  • I let the numbers speak, but they'd have to speak loudly

    Votes: 14 16.5%
  • Concerns about debt weighed equally in the financial considerations

    Votes: 19 22.4%
  • I'd rather be debt free, but we made the financial considerations top priority

    Votes: 28 32.9%
  • We dont worry about debt at all, pile it on!

    Votes: 4 4.7%

  • Total voters
    85
I am quite debt averse, but am OK with a mortgage and an occasional car loan. My 5.875% fixed rate $230K mortgage isn't worrying me. It's about 33% of my take home pay (after taxes, after maxing out my 401(k)). And I have about $350K in equity in the property.

Right now I am debt free except for the mortgage. Credit card debt is "evil" debt to me, and unless something totally unforeseen happens, I hope never to carry a balance on my credit cards.
 
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