Transient is the most hyped, abused and trendy word in GS. A transient is a short-duration signal that represents a nonharmonic attack phase of a sound source. It contains a high degree of nonperiodic components and a higher magnitude of high frequencies than the harmonic content of that sound.
But like any estimate, it's based on some rounded numbers and rules of thumb. For example, this mortgage affordability calculator assumes that your monthly mortgage payment should be no more than 28% of your monthly income, to leave enough money for other expenses and investments you'll want to make.
Note, though, that this method of determining how much home you can afford is based on maxing out your debt-to-income ratio, which may not be advisable. The DTI-based formula won't show what you should pay for a home -- it will show you what you could pay for a home.herefore, consider the other approach to the How much home can I afford question. Determine the maximum monthly payment you'd like to make each month, and then, using today's mortgage rates, work that figure backward to find your maximum mortgage loan size.