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WITCHER [35]
3 years ago
9

When planning to buy a home, your monthly housing related costs should not exceed what percentage of your monthly gross income?

Business
1 answer:
yanalaym [24]3 years ago
4 0
The answer to this would only be 28% of your monthly gross income. This should be the percentage that should go for the payments related to monthly housing. This is actually base on the 28/36 Rule. 28% should be the maximum and the 36% is on the total debt service. Hope this helps.
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