How much can i spend on a house if i make 100k a year?

1 answer:

4 0

<span>There is not one single correct answer to this question as it all depends on your other expenses like if you are having a car loan or any leftover education loan and other factors which affects your credit rating but to give you a general idea A traditional starting point is to shop for homes with a purchase price equal to two-and-a-half times your salary so about $250,000 Although $250,000 is a very realistic starting point, it may seem low to some people, especially those living in cities with higher home prices. Some experts suggest that you can afford a mortgage payment as high as 28% of your gross income. According to that estimation , annual salary of $100,000 can afford a monthly payment of about $2,300/month. That could translate to a $450,000 loan, assuming a 4.5% 30-year fixed rate. So check your other expenses and credit rating before deciding what you want and what you need.</span>

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Double Net Lease or net-net lease or NN lease: The tenant pays for tax and insurance expenses in addition to the rent of occupancy. The landlord is responsible for the other expenses.

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3 years ago

Which reason for trade barriers is being used when the us refuses to trade with another country because they use child labor to

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The reason why trade barriers is being used when the us refuses to trade with another country is: Upholding standards.

<h3>What is upholding standard?</h3>

Upholding standard is the process were a country tend to follow and maintain their set standard without deviating from it.

United states refuse to trade with others country because other country were using children as a laborer to produce goods and United state is against it leading to what is called trade barrier.

Inconclusion the reason why trade barriers is being used when the us refuses to trade with another country is: Upholding standards.

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The correct answer is (a)- asset.

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An asset is a resource with value that someone owns with the intention of generating a future benefit (whether economic or not). In accounting, it represents all the assets and rights of a company, acquired in the past and with which they hope to obtain future benefits.

They have in common that they are the result of past events and are capable of generating economic returns in the future. All assets have the potential to bring money to the business, whether through use, sale, or exchange. Examples of assets are a premises, a van, a patent, a computer, raw materials, financial investments or collection rights.

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