Apr 7 2015, 09:34 AM
QUOTE(amxpayne67 @ Apr 7 2015, 08:31 AM)
While others suggest thumb rule of 1/3 of nett income, i use 1/5 which is much safer and much more organized. Try that first and see how your calculation add up TS.
have to agree on this. use 1/3 rule for all your TOTAL loans. If it's just housing loan, then perhaps 1/5 or 1/4.I have 1/4 rule on my total loans and im still finding it hard to balance it....
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