Budget Rules of Thumb
Learn how to keep debt under control using our budget tips. Find out rules of thumb regarding saving, rent and mortgage payments, living expenses, and more .
What Percentage of Income Can You Afford for Mortgage Payments?
Sep 15, 2009 . As for just how big a percentage of your income that housing budget should be . I wouldn't call 35 percent of your pretax income on mortgage, .
It Pays to Do the Math In the Budget Game
"Most consumers we counsel don't know how to create a realistic budget," said . Using the 27 percent figure, your mortgage should be about $16200 a year, .
Personal Finance: Money 101 - Making a Budget
Percent of Income. You, Ideal . Top things to know · The dubious joy of budgets · Listing expenses · Setting goals · Cutting costs .
Mortgage Basics, Ch. 1: Can you afford that house? Know debt-to ...
The maximum amount for monthly mortgage-related payments at 28 percent of gross income is $933. ($40000 times 0.28 equals $11200, and $11200 divided .
Paying mortgage discount points: a primer (Page 1 of 2)
Jan 26, 2006 . As a rule of thumb, the mortgage's interest rate is reduced by a quarter of a percentage point for every discount point you pay. That's just a .
Tips & Warnings
What Percent of Household Income Should a Monthly Mortgage ...
Calculate how much house you can afford. House image by Gonçalo Carreira from Fotolia.com. You may have saved money for your down payment, checked .