# How much house is 2500 a month?

If you budget for a monthly housing payment of \$2,500 with two percent annually going to taxes and insurance, and assuming the current 30-year mortgage rate is 4%, the math “worked backwards” reveals a maximum home purchase price of \$385,000.

## What is the 70 20 10 money Rule?

How the 70/20/10 Budget Rule Works
Following the 70/20/10 rule of budgeting, you separate your take-home pay into three buckets based on a specific percentage. Seventy percent of your income will go to monthly bills and everyday spending, 20% goes to saving and investing and 10% goes to debt repayment or donation.
Why the 70/20/10 Rule Works
The 70/20/10 rule of budgeting works because it forces you to be mindful of your spending. When you know that 70% of your income is spoken for, you are less likely to impulse buy or make unnecessary purchases.
How to Implement the 70/20/10 Rule
To implement the 70/20/10 rule, simply take your take-home pay and divide it into three categories. Seventy percent should go to bills and everyday spending, 20% should go to savings and investing, and 10% should go to debt repayment or donation.

## What is the 53 20 rule?

The rule of thumb for spending is that you should spend up to 50% of your after-tax income on needs and obligations.
The remaining half can be split between 20% savings and debt repayment and 30% to discretionary spending.
This will help you keep your spending in check and help ensure that you are able to save and pay off debts.

## What is the 35 45 rule?

The 35/45 Model: With a \$7,000 monthly gross income, 35% would be \$2,450 for all your debt. But let’s say after taxes, insurance and other deductions, your take-home pay is \$6,000. Multiply that by 45% and that’s \$2,700. So your range (for all your debt) would be between \$2,450 and \$2,700.
11 Nov 2022

## What salary is good in Houston?

While ZipRecruiter is seeing salaries as high as \$125,244 and as low as \$18,447, the majority of salaries within the Well Good jobs category currently range between \$33,495 and \$62,622, with top earners making \$93,205 annually in Houston.