money

How Much To Borrow To Buy A Home?

Fortunately Debt-to-Income ratios allowed by banks have been lowered.  At one time people could have  62% of their income paying debt each month.  Take out the taxes at just 25% and you have 13% of your income to pay for utilities, food, and gas.  Doesn’t make much sense does it. Typical ratios now are 43%. […]

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