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 optimum salary to start house installment

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hustlerism
post Mar 1 2022, 02:09 AM

Devil In Disguise
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QUOTE(crador @ Mar 1 2022, 12:00 AM)
Use House price =< 3 years gross salary.
*
Based on your logic, 10K per month (gross) earner should just buy max prop price of 360K?
hustlerism
post Mar 1 2022, 07:54 PM

Devil In Disguise
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Senior Member
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QUOTE(ahchun @ Mar 1 2022, 01:11 PM)
with 2k house loan
I would say 6k nett salary with no other loans on hand
*
Agree to this. Its basically 1/3 rule of thumb like the other forumer mentioned in previous posts

This post has been edited by hustlerism: Mar 1 2022, 07:54 PM

 

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