Typically, you pay the loan back with
after tax money subtracted directly from your paycheck in addition to any other contributions you normally make to your 401k.
Not exact matches
You need to list all the expenses you have each month and then
subtract them from your monthly
after -
tax income, if you have any 100 % disposable income left over then it's OK to use that
money to trade with.
Subtract this from the
money you take home each month,
after taxes, and you'll know how much house you can afford to buy.
At SoFi, one of the main things we look at is your «free cash» flow — the amount of
money you have left at the end of each month
after subtracting taxes and cost of living expenses.
Take a look at the amount of
money you earn each month
after taxes, and then
subtract all of your recurring expenses to find out how much you have left over for your housing costs.
You may collect $ 15,000 in gross rents, but
after you
subtract taxes, interest, insurance, maintenance, tenant screening fees, your CPAs fee (yes, that's deductible, at least in part), utilities, etc., etc., etc and then you
subtract the depreciation (which is not actually
money out of your pocket), the NET rental income will be much less.