sha18014 sha18014
  • 03-10-2017
  • Mathematics
contestada

What is the maximum percentage of net spendable income that should be set aside for housing?

Respuesta :

CoolBurnz CoolBurnz
  • 09-10-2017

The maximum percentage of net spendable income that you should spend on a house is 36%.
Answer Link
Аноним Аноним
  • 25-04-2019

Answer:

The maximum percentage of net Spendable income that should be set aside for housing is given by  [tex]\frac{28}{36}[/tex] rule,which states that ,if your total gross income after deduction is $ x, then you should use 28% of your income for housing finances and 36 % of your income for debt Purpose.

So, Maximum percentage of net spendable income that should be set aside for housing=28% of total gross income

Answer Link

Otras preguntas

What is the area of this figure ?
I need to know number six and thank you guys for all the help
Please help!! 30 points!! Will mark brainliest!!
What were the main reasons that Japan was occupied after World War II?
Jamie has 6 pounds of peaches to equally divide among his four brothers how many pounds of peaches will each aunt get? Write the number as a fraction
HELP!!! This Venn diagram shows sports played by 10 students . Let event A = The students plays basketball . Let event B = The student plays soccer . What i
what is the factored form of x^12y^12+1
What is40.99 times 2.1
Patrick was asked to draft an e-mail to a few select customers at the bank where he works, encouraging them to take advantage of the new money-market checking a
Which shapes can you use to model the log and the board