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Elouise makes 6500 dollars a month. After taxes, social security, and her IRA contribution, her net income is 5410 dollars a month. Elouise has an
Elouise makes 6500 dollars a month. After taxes, social security, and her IRA contribution, her net income is 5410 dollars a month. Elouise has an automobile loan of 450 dollars, a student loan 200 dollars, and a Mastercard payment of 149 dollars a month. What is the Debt Payment to Income Ratio percentage? Is Elouise's debt payments-to-income ratio acceptable?
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