What part of your salary you should go your mortgage?

In: Mortgage Loan

26 Jul 2010

I remember my teacher talking about business class, but I forgot the exact amount (and I mean for example, 40% at home, a certain scheme, and such a thing savings)

if anyone knows what I’m talking about what should go as much of your salary / wage payments to the house / rent

It depends on your situation. If you want to pay as quickly as possible, of course, devote your spare money to pay your bills your mortgate. My recommendation is that every emergency amount of money equal to 3-6 months of their salary needs. Work to save as you until this sum, and if you hit you can freely spend the rest of your salary to your mortgate. Consider your lifestyle and how your income you spend on spare parts to go and buy different things and want. It is very common for people to pay the least few months, and many others. I hope this helps, good luck.



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