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2. Income requirements to qualify for a mortgage - AOL

   www.aol.com/finance/income-requirements-qualify...

   For example, if your gross income is $6,000 per month, your mortgage payment should be no more than $1,680 (28 percent of $6,000), and your total debt payments (including the mortgage) should max ...

3. What percentage of your income should go to a mortgage? - AOL

   www.aol.com/finance/percentage-income-mortgage...

   To get a mortgage, borrowers also need to consider their regular, ongoing debts: Most lenders allow a debt-to-income ratio of up to 43 percent, but prefer 36 percent — meaning your monthly ...

4. What is the average credit limit for Americans? - AOL

   www.aol.com/finance/average-credit-limit...

   But the average credit card balance was $6,501 during the same quarter— well below the average credit limit. The average credit limit increased 6.8 percent compared with the third quarter of ...

5. Here's the Average American's Credit Limit. How Do You ... - AOL

   www.aol.com/heres-average-americans-credit-limit...

   The average credit card limit in America is $29,855, according to Experian's most recent data. There are some pretty big swings hidden within that figure -- Gen Z average around $13,000 and baby ...

6. What is a debt-to-income ratio for a mortgage? - AOL

   www.aol.com/finance/debt-income-ratio-mortgage...

   If you’ve got $6,000 in gross monthly income, to have that desired front-end DTI ratio be 28 percent, your maximum monthly mortgage payment would be $1,680. $6,000 x 0.28 = $1,680

7. Here's How Much of the Average American's Income Goes ... - AOL

   www.aol.com/heres-much-average-americans-income...

   One-fifth of the typical homeowner's income goes toward housing The average American homeowner has a front-end debt-to-income (DTI) ratio of 20%, according to the Federal Reserve Bank of St. Louis.