Is your debt under control - for example, are your monthly repayments comfortably less than
your monthly average household income?
Not exact matches
The 2016 figures showed a further worsening of Hong Kong's wealth gap, as the richest 10 per cent of
households - with a median
monthly income of HK$ 112,450 - earned 44 times more than the poorest 10 per cent making an
average of HK$ 2,560.
«Indeed, the median
household currently has just over 150 percent of the
income needed to buy a median - priced home, which compares to a long - run
average of 125 percent,» wrote researchers at Capital Economics in a
monthly report on the U.S. housing market.
According to Vancity, based on the
average income of Vancouverites, the
average property now requires more than 48 per cent of
household monthly income.
The
average U.S.
household spends just 16 % of its
income on non-recoupable housing costs — either rent payments, or
monthly house payments that do not lower the mortgage principal (including mortgage interest, property taxes, maintenance and insurance.)
If you earn $ 56,516, the
average household income, you can afford $ 1,695 in total
monthly payments, according to the 36 % rule.
In a town with a median
household income (not per capita) of only $ 37,000 a year and a median rent of $ 950
monthly ($ 11,400 annually), the
average family spends a full one third of their gross
income on rent alone.
In your Affidavit of Financial Support, you'll want to cover information like: the name of the affiant (that is, the person making the affidavit); the name of the affiant's employer, if he or she is employed, what efforts the affiant has made to find employment; a list of all sources of
income; the
monthly deductions from the affiant's salary (for example: MediCare payments,
income taxes, child support, health insurance and retirement contributions); the
average monthly household expenses; any debts owed by the affiant; and a list of assets that the affiant owns or has some interest in.
The estimated
household income is $ 53,000, and with a home selling for just $ 243,000 and rent
averaging a mere $ 868
monthly, it's easy to see why the cost of living in Hershey is so low.
In a town with a median
household income (not per capita) of only $ 37,000 a year and a median rent of $ 950
monthly ($ 11,400 annually), the
average family spends a full one third of their gross
income on rent alone.
These findings remained unchanged even after additionally controlling for the severity of maternal depressive symptoms
averaged across pregnancy and early postnatal period,
monthly household income, and sleep condition during the EEG recording.
The
monthly cost of owning a median - priced home near a top elementary school is on
average only 23 percent of the median
household income in the ZIP, which is on -
average 41 percent less costly than their surrounding metro area.
If you earn $ 56,516, the
average household income, you can afford $ 1,695 in total
monthly payments, according to the 36 % rule.
In fact, homeowners in Los Angeles - Orange County spent an
average 43 % of their median
household income on their
monthly mortgage payment in the fourth quarter of 2016.
To pinpoint these promising places, we started with the nation's 75 largest metropolitan areas and ranked them based on
average monthly rent, median
household income for renters, residential rental vacancy rate and overall cost of living.