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It depends on many factors including income, length of job, time at residence, debt to income, and payment to income. Banks want to see stability as in your job and residence time. Also they want to see that you have the ability to pay. For example to make it easy.... you make $4000 a month but your credit report shows you have $2500/month in payments and you pay $500 for rent. Your debt to income is 75%. That means a bank sees you have 1000 dollars a month to play with. Not 4000. Banks don't like to go over 50. Also PTI payment to income. Banks like to stay under 18% usually. So take how much you make a month and times that by 18%,,,, that's how much of a payment they say you can afford. Theres much more but without seeing a credit report, I cant help. If anyone would like please email me plague@infoblvd.net. Experienced Finance Manager
Only about 25 percent of your total income should be spent on rent. An income of $30,000 should spend no more than $2500 per month on rent.
What would the mortgage payment be on 600000
Chase Cardservices Attn: Payment Processing 2500 Westfield Drive Elgin, Il. 60124
£ 2500 per month depends on the area
Currently it is 1 month's mortgage payment up to $2500.
It depends on many factors including income, length of job, time at residence, debt to income, and payment to income. Banks want to see stability as in your job and residence time. Also they want to see that you have the ability to pay. For example to make it easy.... you make $4000 a month but your credit report shows you have $2500/month in payments and you pay $500 for rent. Your debt to income is 75%. That means a bank sees you have 1000 dollars a month to play with. Not 4000. Banks don't like to go over 50. Also PTI payment to income. Banks like to stay under 18% usually. So take how much you make a month and times that by 18%,,,, that's how much of a payment they say you can afford. Theres much more but without seeing a credit report, I cant help. If anyone would like please email me plague@infoblvd.net. Experienced Finance Manager
Only about 25 percent of your total income should be spent on rent. An income of $30,000 should spend no more than $2500 per month on rent.
2500
2500
What would the mortgage payment be on 600000
Generally, rent as a percentage of income is based on one's GROSS income (before taxes, insurance, and other deductions). Gross income should be obvious if you are salaried and easily calculable by multiplying your hourly wage by 2080 if you are a fulltime hourly employee. Obviously, working backward can be more difficult because you must take into account your own situation and taxes. Under the assumption you are in a 25% tax bracket, 2500 net take home is approximately 2500 x (100 "gross"/75 "net") or just over 3300 gross income. 925/month rent is approximately 925 rent/3300 "gross" x 100% or 28% of your gross income.
we don't know the exact month but it was built in 2500 BC
$2500/month
Chase Cardservices Attn: Payment Processing 2500 Westfield Drive Elgin, Il. 60124
There are 12 months in a year. Multiply 2500 by 12 and you will get $30,000
The average income in Paris is 36,085 pounds. This is about $67,081 US dollars. Paris has a higher income than the rest of France.