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 .
http://www.bankrate.com/finance/mortgages/how-much-house-can-you-buy--1.aspx
How Much House Can You Afford?: Mortgage Center - Yahoo ...
Your total monthly debt obligation should not be more than 36 percent of your gross income. Total debt includes the mortgage payment plus other obligations .
http://loan.yahoo.com/m/basics6.html
Step 1
What percentage of your net income should go towards a home ...
Your father is exactly correct! Listen to him! The people on here that recommend, 33% as a mortgage payment are also the ones who have .
http://answers.yahoo.com/question/index?qid=20080229094728AA7GC6w
Step 2
First-Time Home Buyer Tips - Income and Mortgage Size - Salary.com
If you sign on for a 15-year mortgage, you'll get a slightly lower interest rate but monthly payments will be higher (on average, about 27 percent higher than with .
http://www.salary.com/first-time-home-buyer-tips---income-and-mortgage-size/
Step 3
What Percentage of Income Can You Afford for Mortgage Payments?
Sep 15, 2009 . This question often comes up among first-time home buyers: What percentage of my monthly income can I afford to spend on my mortgage .
http://www.moneyunder30.com/percentage-income-mortgage-payments
Mortgages: How Much Can You Afford?
Nov 3, 2011 . The front-end ratio is the percentage of your yearly gross income dedicated toward paying your mortgage each month. Your mortgage payment .
http://www.investopedia.com/articles/pf/05/030905.asp
Tips & Warnings
What Percentage of Your Salary Should Go for a Mortgage ...
You won't have to guess whether you can afford that new home you want to buy using the basic recommendation of lenders for a salary-to-mortgage ratio.
http://budgeting.thenest.com/percentage-salary-should-mortgage-4072.html
