What is the maximum percentage of your income you should devote to housing costs?

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2007-01-14 10:12:22 · 5 answers · asked by anonymousyahoodude 4 in Business & Finance ➔ Personal Finance

Look at the link below - 40% max

2007-01-14 11:14:55 · answer #1 · answered by D S 4 · 0⤊ 0⤋

Depends on how much you've got saved. If you're already worth millions, there's no harm devoting 100% of your income to housing costs.

2007-01-14 18:16:27 · answer #2 · answered by Always Right 7 · 0⤊ 0⤋

33%

2007-01-14 18:16:38 · answer #3 · answered by ThinkaboutThis 6 · 0⤊ 0⤋

25 - 35% assuming everything else is OK.

2007-01-14 22:32:29 · answer #4 · answered by Sun and Sand 3 · 0⤊ 0⤋

45% would be a good amount, I think!

2007-01-14 18:28:38 · answer #5 · answered by SuzyBelle04 6 · 0⤊ 0⤋