Wages vary in the United States as well. For example, the national median salary for entry-level project managers is $89,286, for established project managers is $96,425, for IT project managers is $100,000, and for engineering project managers is $107,472. Directors of PMOs make the most, raking in a solid $134,791 on average a year.
The typical bank limit on monthly mortgage payments is about 28 percent of your gross monthly income. Therefore, the bank thinks you can devote up to 28 percent of your household income to your mortgage payment and expenses (including taxes, insurance and association dues).
Including mortgage, your debts should be 36 percent or less of your monthly take-home income. If your non-mortgage payments are more than 10 percent of your take-home income and your total debt payments exceed 36 percent of that income, you probably have more debt than you can manage.f your non-mortgage payments are more than 10 percent of your take-home income and your total debt payments exceed 36 percent of that income, you probably have more debt than you can manage.