What should your mortgage payment be?

Answer On One Hand: 25 Percent of Your Budget.Many mortgage loan officers and lenders suggest that borrowers never borrow more than 25 percent of their monthly pre-tax income to purchase a residence. Havi... Read More »

Top Q&A For: What should your mortgage payment be

What should I do if I cannot afford a mortgage payment?

You have lost your job and unemployment will not cover all the bills, groceries and house payments. Or you or a family member suffers a medical emergency and health insurance does not cover all the... Read More »

What percentage of a gross income should a mortgage payment be?

According to Bankrate, your mortgage payment, including principal, interest, insurance and taxes should not exceed 28 percent of your gross monthly income. To determine your maximum payment, first ... Read More »

Should I Include Escrow in My Mortgage Payment?

The Bachelor of Science (BSc) degree in nursing is one of the career pathways to becoming a registered nurse, the largest health care occupation. According to the Bureau of Labor Statistics, employ... Read More »

How Much Should My Monthly Mortgage Payment Be?

Music that you burn from an audio CD or download from an online music store, such as iTunes, will take up space on your computer. If you want to store music files on your computer and not take up a... Read More »