Byline: Don Thompson Daily Herald State Government WriterThompson, Don
With this model, no more than 25 percent of your after-tax income goes toward yourmonthly mortgage payments. For example, if your monthly take-home pay (after taxes) is $4,000, that means up to $1,000 can be spent on your mortgage payment. ...
which lenders consider as part of that monthly mortgage sum. other considerations for what you can afford costs of homeownership figuring out how much of your monthly income should go to a mortgage is a big piece of the affordability puzzle, but don’t stop there. as any homeowner can attest...
With that concentration of wealth, it’s not surprising that the cost of living in the state is 13.4% higher than the US average. 16. Which state has the highest number of billionaires? (Source: Forbes) While California takes the lead here with 189 billionaires, the wealthiest Americans don...
Some people contend that the success of life hinges on hard work and determination. However, others argue that factors like wealth or good looks are more significant. Discuss both these views and give your own opinion. Give reasons for your answer and include any relevant examples from your own...
As a rule, you don’t want to spend more than one third of your gross monthly income on housing. That includes your mortgage payment, but also property taxes and private mortgage insurance (PMI). For most of us, our monthly mortgage payment will always be the largest of our monthly costs...