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less than 20% less than 20%

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Q: What percentage of your income should go towards a vehicle loan?
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Related questions

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 gross income should go towards car payment?

Not more than 30% I'd say.


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.


What percentage of income should be spent on clothing?

About 4% of your net annual income.


What percentage of your net income or realized income should be spent on housing?

25


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)%


What percentage of drivers maintain their vehicle?

it should be 50 :)


What should I expect to pay if I am renting an apartment based on income?

Each state and organization will have its own criteria, from a fixed amount to a percentage of income. Percentage of income usually is between 25-30%.


What percentage of your take home pay should be discretionary income?

50%