ethanol/water solution is still flammable since the concentration of ethanol is still fairly rich. Phase separation can occur in fuel storage systems where water is known to be present. Blending these fuels together alters the physical and chemical characteristics of the original. fuels.
If your credit history is good, the lender may let you take out a mortgage with a monthly payment equal to 30% or even 40% of your gross monthly income.In our example, 40% would get you a yearly mortgage payment of $20,000 or $1,666.66 per month.hat $50,000 gross income is reduced to $36,000 net after 28% goes to pay taxes. Taking $20,000 out of that to pay the mortgage leaves you $16,000 to live on for the year. On a monthly basis, that's $1,333.33.
Youâll get a good idea how long itâll take to pay off a mortgage with different loan sizes. The minimum monthly payment for your mortgage is calculated on how much is needed to pay off the balance of the loan over the loan term, plus the interest that has been accrued. The average loan term is approximately 25 years. There are shorter terms available but it could mean that your minimum monthly repayment is much higher. Even if you can pay out your loan in 10 or 15 years, it may still be worthwhile to get a loan term of 25 years. This will give you more flexibility and could be useful in emergencies. It also means that your minimum monthly payment wonât be as high.