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What percentage of your gross income should go towards car payment?
Wiki User
∙ 14y ago
Not more than 30% I'd say.
Wiki User
∙ 14y ago
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What percentage of your income should go towards mortgage?
Investopedia advises that the principal, interest, taxes and insurance should not exceed 28% of your gross income.
What percentage of my monthly income should I be spending on my home rental?
The general rule is you should spend no more than half of your income on rent. The better you are doing financially, the smaller percentage of income goes towards your house/apartment.
What is the maximum percentage of net spendable income that should be set aside for transportation?
At least 20% should go towards transportation. At most 30%.
Income should be paid on a house payment?
25 percent of income should go to house payment but the average is more like 50 percent.
What percentage of your net income or realized income should be spent on housing?
25
What percentage of your income should go towards mortgage?
Investopedia advises that the principal, interest, taxes and insurance should not exceed 28% of your gross income.
What percentage of my monthly income should I be spending on my home rental?
The general rule is you should spend no more than half of your income on rent. The better you are doing financially, the smaller percentage of income goes towards your house/apartment.
What percentage of your income should go towards a vehicle loan?
less than 20% less than 20%
What is the maximum percentage of net spendable income that should be set aside for transportation?
At least 20% should go towards transportation. At most 30%.
What percentage of your gross income should go towards health insurance?
There is no exact percentage but it is recommended that around 10 percent of your income be put toward health insurance. Most people do not spend this much on health insurance.
Income should be paid on a house payment?
25 percent of income should go to house payment but the average is more like 50 percent.
What percentage of your gross income should go towards rent?
No more than a third of your gross annual income should go towards housing. As for rent, you should not spent anymore than 25% of your gross income. Housing - This expense should include mortgage, insurance, gas, electricity, maintenance, and phone. (according to crown.org budget guide) Rent or your monthly mortgage payment plus each of the above should never exceed 36%. 1/3 is generally a good rule just as with the 1st answer, but don' t forget that the number includes the other housing expenses.
What percentage of your income should you pay for rent?
To keep yourself financially stable, it is suggested that you keep your rent or mortgage payment 30% or less of your take-home pay.
What percentage of your net income or realized income should be spent on housing?
25
What percentage of income should be spent on clothing?
About 4% of your net annual income.
What percentage of company's gross income should go towards advertising?
Most small businesses should allocate between 2 and 3 percent of revenue for advertising. That number should increase as the business grows.
What percentage of your income should you save?
(20-25)%
