Help me please.....
3.you have a mortgage payment of $1,248.90/month. Using proportions, what is the minimum amount you must have in realized income per month to keep your housing expense in the acceptable range?

Question

Help me please.....
3.you have a mortgage payment of $1,248.90/month. Using proportions, what is the minimum amount you must have in realized income per month to keep your housing expense in the acceptable range?

anonymous · Answer

I'm guessing the minimum you could make would be the mortgage payment, but I'm probably wrong.

anonymous · Answer

i have no clue this question confuses me

anonymous · Answer

Okay so you can't have your mortgage taking more than 28% of your income, therefore an acceptable range would be 4500-5000 dollars monthly.

anonymous · Answer

Hope that helps

anonymous · Answer

okay thank you