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Ann Marie has a gross annual income of $98,000. According to Housing Recommendation #1, how much can she devote to monthly housing expenses?

Ann Marie has a gross annual income of $98,000. According to Housing Recommendation #1, how much can she devote to monthly housing expenses?
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Ann Marie has a gross annual income of $98,000. According to Housing Recommendation #1, how much can she devote to monthly housing expenses?

User Adam Gibson
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1 Answer

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The recommendation of 30% of gross annual income would be $29,400. Multiply $98,000 x 30%. Then divide by 12. $2,450 is your answer.
User Tafari
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