In the above example if you earn $ 10,000 your maximum total debt payments would be $ 4000 per month. (mybcmortgage.ca)
Add in the $ 500 student loan payments she's making each month, and you've got total debt payments of $ 2,610, which is exactly 36 % of her income. (smartasset.com)
Add in the $ 500 student loan payments she's making each month, and you've got total debt payments of $ 2,610, which is exactly 36 % of her income. (smartasset.com)