When planning to buy a home, your monthly housing related costs should not exceed what percentage of your monthly gross income?

Respuesta :

The answer to this would only be 28% of your monthly gross income. This should be the percentage that should go for the payments related to monthly housing. This is actually base on the 28/36 Rule. 28% should be the maximum and the 36% is on the total debt service. Hope this helps.

Answer:

28

Explanation: