I had a mortgage once (1972-1976)----for about 5 years. There was also a time when I had a car payment (about 1966)--for about 6 months. Never again.
Yeah but your house was probably like 1/3 your income.
My first house was 18,000. I made $6.75 an hour. If you want to do the math knock yourself out.
What year? I just might.![]()
1972
OK. So $6.75 in 1972 would be worth $47.20 in 2022. $18,000 in 1972 would be worth $125,869.09 in 2022.
Sounds like you had a pretty sweet deal to me.