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If you have budgeted 2.3 of your income to go toward car repair how much should you set aside each month if you earn a monthly income of 1800?
$41.40 per month would be 2.3% of $1800.
Where can I find a debt to income ratio calculator for my finances?
Using a debt to income calculator allows you to see exactly what your income is and what is going out toward your weekly, monthly, or yearly debt. To find a debt to income calculator, simply search for this term using your preferred web browser.
What are some ways lenders might take advantage of low-income consumers?
BY charging monthly fees for small accounts, not paying any interest or very low interest on savings in small accounts and steering them toward high fee & interest loans.
How can someone plan a budget that will pay off credit card debt?
In order to plan a budget that will help you pay off credit card debt you must do several things. First of all you will need to assess what kind of monthly bills are going to be ongoing and also what unexpected costs will you need to budget for. Of course monthly income will need to be calculated but for most people that is a little easier unless you have income that fluctuates from month to month. Once you have your base income and a good idea of what your estimated costs are you can see what your disposable income will be. From this amount you will need to realistically decide how much you can live without each month and put that amount every month toward paying off your credit card debt.
How long should a person wait after a chapter 13 bankruptcy is dismissed to file income taxes for that year to guarantee to receive the refund?
You have to file your income taxes yearly regardless of whether you have filed for bankruptcy or not. Yes, IRS may garnish your refunds to pay toward your debts. If your bankruptcy is over however, you don't have to worry about that.
If you have budgeted 2.3 percent of your income to go toward car repair how much should you set aside each month if you earn a monthly income of 1800?
41.4dollars
What percent of your monthly income should go toward your house payment?
The general rule of thumb is for your house payment to not exceed 28% of your monthly income. However, it's important to consider your specific financial situation, including other expenses and savings goals, when determining how much of your income to allocate towards your house payment.
If you have budgeted 2.3 of your income to go toward car repair how much should you set aside each month if you earn a monthly income of 1800?
$41.40 per month would be 2.3% of $1800.
While training in a management position you might expect to earn 24000 to 28000 annually If you pay 6.2 percent of your income toward Social Security and 1.45 percent toward Medicare what is the least?
1,836
Where can I find a debt to income ratio calculator for my finances?
Using a debt to income calculator allows you to see exactly what your income is and what is going out toward your weekly, monthly, or yearly debt. To find a debt to income calculator, simply search for this term using your preferred web browser.
Will income tax programs work if you are on an extension?
Income tax programs are flexible and can be geared toward all kinds of situations that the customers are facing, including extensions. You should go consult with your local consults about this issue.
Felicia is a manager at the all you can eat buffet she earns 38550 annually if she pays 6.2 percent of her annual income toward social security and 1.45 percent of her income toward medicare how much?
Felicia should ask her employer about any other amounts that will have to be withheld from her gross annual pay of 38550 that will have to be withheld before she will be able to determine her annual net take home pay. 38550 X .0765 = 2949.08 38550.00 -2949.08 =35600.92 and then she will still have other amounts that will be withheld before she will be able to determine how much her actual net take home pay will be.
What is the debt to income ratio used for?
A debt-to-income ratio is the percentage of a consumer's monthly gross income that goes toward paying debts. There are two main kinds of DTI, as discussed below.Two main kinds of DTIThe two main kinds of DTI are expressed as a pair using the notation x/y (for example, 28/36). The first DTI, known as the front-end ratio, indicates the percentage of income that goes toward housing costs, which for renters is the rent amount and for homeowners is PITI (mortgage principal and interest, mortgage insurance premium [when applicable], hazard insurance premium, property taxes, and homeowners' association dues [when applicable]).The second DTI, known as the back-end ratio, indicates the percentage of income that goes toward paying all recurring debt payments, including those covered by the first DTI, and other debts such as credit card payments, car loan payments, student loan payments, child support payments, alimony payments, and legal judgments.[1]ExampleIn order to qualify for a mortgage for which the lender requires a debt-to-income ratio of 28/36: Yearly Gross Income = $45,000 / Divided by 12 = $3,750 per month income. $3,750 Monthly Income x .28 = $1,050 allowed for housing expense.$3,750 Monthly Income x .36 = $1,350 allowed for housing expense plus recurring debt.
What are some ways lenders might take advantage of low-income consumers?
BY charging monthly fees for small accounts, not paying any interest or very low interest on savings in small accounts and steering them toward high fee & interest loans.
What percentage of your gross income should go towards health insurance?
A general guideline is to allocate around 5-10% of your gross income towards health insurance premiums. However, this can vary based on individual circumstances such as age, health status, and coverage needs. It's important to evaluate your budget and prioritize health insurance as necessary.
Does the money you pay monthly on car insurance go toward your premium?
That is what you are paying monthly is your insurance premiums. You have a choice of payment plans that are best for you. You can pay it once a year or one a month.
What are some of the key features to consider when evaluating a retirement income calculator?
A robust retirement income calculator should allow you to manipulate a lot of variables so that you can get the most accurate answer possible. In addition, the calculator should be easy to use, reliable, and not biased toward the financial products sold by any one company.
