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Paragon Paragon
  • 24-03-2016
  • Business
Answered

a common rule is that housing expenses plus other debt payments should not be more than 36% of your monthly income. Your monthly income is $4,300

Verified Answer :

nobrains
nobrains nobrains
  • 24-03-2016

36% of monthly income is $1548. (0.36*1548)
So the "housing expenses plus other debt payments" should not be more than $1548.

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