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mortgage percent of take-home pay

Housing Costs, Home Ownership Costs
Housing should take about 25% of your gross pay or 35% of your take-home pay. . a percentage point can make the difference between affording the mortgage .
http://www.homefair.com/articles/mortgage/housing-affordability.asp

What Percentage of Income Can You Afford for Mortgage Payments?
Sep 15, 2009 . What Percentage of Income Can You Afford for Mortgage Payments? . Notice that Ramsey says 25 percent of your take-home income while .
http://www.moneyunder30.com/percentage-income-mortgage-payments

Step 1

Don't make yourself house poor
Feb 28, 2002 . Inside: Mortgage calculator | Home equity loan . and mortgage insurance -- should add up to 28 percent to 30 percent of take-home pay.
http://www.bankrate.com/brm/news/mtg/20020228a.asp

Step 2

Ratios dictate home mortgage fate
Feb 10, 2010 . Spending 50 percent of your monthly take-home pay on the home mortgage payment is a lot. However, in loan underwriting, lenders look at the .
http://www.bankrate.com/finance/mortgages/ratios-dictate-home-mortgage-fate.aspx

Step 3

Mortgage+Property tax as percent of paycheck
We are trying to figure how much of my take home pay should be our mortga. . What percentage of your income should go to mortgage totally .
http://www.fatwallet.com/forums/finance/848711/

How Much House Can You Afford? - daveramsey.com
Aug 3, 2009. that you should be looking for regarding the "perfect home" or mortgage. . monthly payment to 25% or less of your monthly take-home pay.
http://www.daveramsey.com/article/how-much-house-can-you-afford/100362/

Tips & Warnings

References

About the Author

What Percentage of My Income Should I Pay for Rent or a Mortgage ...
Nov 13, 2007 . What Percentage of My Income Should I Pay for Rent or a Mortgage . Therefore, consider 35% of your Take home pay for the mortgage and .
http://www.thriftyfun.com/tf56446070.tip.html