This is the Ramsey Call of the Day, part of the Ramsey Network.

Joining me today is Ramsey personality, Ken Coleman.

Eric is with us in Tampa, Florida.

Hi, Eric.

Welcome to the Ramsey show.

Thanks, dude. Thanks, Ken. Thanks to the Ramsey Show. Thanks, David.

Thanks, Ken.

Thanks for having me.

Sure.

What's up?

My question is a pretty simple one.

I'm considering, well, I'm going to move home back to Michigan and be closer to

family, but I am curious, I want to get a condo, and I don't know if there's a good ratio or a rule of thumb when it comes to how much I should spend

or how much, how much is too much when I consider H.O.S.

If they are disproportionate to what the payment would be on the normal condo,

I mean, if you've got a condo that the normal payment is $1,500 on and the HOA fees are $1,000 a month,

then that's disproportionate.

I'm going to want to know that there's something screwed up, right?

So other than that, what I would be most concerned about is I probably, since you asked, I probably

would look at, if I'm worried about it at all, I'd probably look at the annual budget on the HOA.

I'll give you an example. I had a condo that I owned. We bought a condo in Knoxville because

our kids were in school down there and we were going back and forth to football games and see

...