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

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asked Mar 7, 2017 38.3k views

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Nguyen Kien · Answer 1 · 2017-03-13T23:48:32+0000

4300/10 which is 43 and 43 is 1% of 4300. Then you multiply 43 by 36 because of hen you get 36% which is 1538 and 1538 is 36% of 4300. So in conclusion it should not be more that 1538$.

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

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