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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 $4,321 per month how much can you spend on housing
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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 $4,321 per month how much can you spend on housing

User Antonio Jha
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If your income per month is $4,321 and you aren't able to spend more than 36% of your monthly income on housing... to solve:

($4,321)(0.36) = $1,555.56
User JD Brennan
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