Quote:
Originally Posted by ScrimpAndSave
$6,875 x .36 = $2,475
$2,475 - any monthly debt
That is max of what you should shoot for.
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I was reading on bankrate.com and shouldn't it be gross income x.36?
Because if it is, our gross is $10,378($6875 is our net). So it would be 10,378 x.36= 3736 including mortgage and debt.