What is the maximum mortgage i can afford on a 34000 per annum salary?
The best situation would be to have a mortgage that is no more than 2.5 times your income. This is tough in today's market, but it will prevent your being house poor as time goes on. Also, with equity in the house you will save paying mortgage insurance and weather the ups and downs of the market with peace of mind. You can go to bankrate.com and play with the calculators on there to see how much the payments would be. I usually include additional money in my payment for insurance and property taxes so I don't have to come up with large sums for those things. The total of these payments should not be much more than 50% of your income.
What is the maximum mortgage i can afford on a 34000 per annum salary it used to be 3 and a half times your salary?
What you can afford and what you can qualfy for are totally different factors and many of today's defaults are due to decades of "alt a" loans. Person making $20,000 might qualify for $75,000, but the monthly payments will be almost double the monthly percentage of 25% they can reasonably afford. Rather than buying a house, try to find a home you can afford. Read More
It depends on the interest rate and the length of the mortgage. For a 30 year mortgage at 4.5% the payment would be $172.27. If you can afford it, a 15 year mortgage at 4.5% would be $260.10 but would save you about $16,000 in interest. Read More
You would have $68,000 Read More
A common work year is about 2000 hours, so if you make 17 an hour your gross salary would be in the vicinity of 34000. Read More
There are 1000 metres in one kilometre. Therefore, 34000 metres is equal to 34000/1000 = 34 kilometres. Read More
Percent or Percentage is equivalent to hundredths. So, 7% of 34000 = 34000 x 7/100 = 2380 Read More
There are 1760 yards in one mile. Therefore, 34000 miles is equal to 34000 x 1760 = 59840000 yards. Read More
There are 1.609344 kilometres in one mile. Therefore, rounded to two decimal places, 34000 kilometres is equal to 34000/1.609344 = 21126.62 miles. Read More
2,833 bucks a month. 34000/12. Read More
40 percent of 34000 = 13600 40% of 34000 = 40% * 34000 = 0.40 * 34000 = 13600 Read More
6800 = 20% of $34000 = 20%/100% * $34000 = 0.20 * $34000 = $6800 Read More
What kind of position and salary can a MD-India MPH-USA and MBA-Harvard three in one type of profile expect Which sector will have the most jobs and what's the expected salary scale in US?
in usa for mph 4000 us $ minimum, in India for mph 34000 in kerala only one vacant & only in one college Read More