How much should I spend on rent, movers and furniture? Finding the answer to ... They are expenses that you must be able to cover each month. Therefore, the more you spend on housing, the less ...
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In this case, 40 times $1,250 is $50,000. Therefore, if you make $50,000, you qualify for $1,250 per month in rent. How much rent you can afford on a $50,000 per year salary is dependent on a ...
If your rental home measures 1,800 square feet, for example, you are looking at $1,800 a year in repair and maintenance costs. Say you are renting a $300,000 home for $2,000 per month. The 20% ...