Which TV characters can actually afford their homes?

By Staff | May 2, 2014 | Last updated on May 2, 2014
1 min read

Could Monica and Rachel of Friends afford to live in their two-bedroom Manhattan apartment? What would the mortgage be like on the Tanner family’s San Francisco Victorian home in Full House?

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Real estate blog Movoto crunched the numbers, and it looks like when it comes to real estate, many of television’s beloved characters really are living in a dream world. The site says 30% of monthly income is considered an affordable rent or mortgage payment.

Monica (a chef) and Rachel (a fashion co-ordinator) would have a combined income of $9,300 a month in today’s dollars. The rent on their flat is $5,000 a month—or 54% of their income. The calculation doesn’t take into account that the pair may be getting a discount on their rent-controlled pad by subletting from Monica’s dead grandmother.

At first glance, the large home shared by Danny Tanner and his family on Full House is unaffordable. Tanner’s morning host gig would pay $8,000 a month, but his mortgage would be $10,600— or 133% of his income. But, the extra money pulled in by the other adults living with him could be making up the difference.

See how payments break down for the characters on Seinfeld, The Mindy Project, Mad Men and more here.

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Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.