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.
And as the real estate market has shown us in 2007 and 2008, it can be a bumpy ride. If youâve decided that home ownership is right for you, the next step is deciding how much home you can afford. Typically, most lenders suggest that you spend no more than 28% of your monthly income on a mortgage. Try SmartMoneyâs âHow Much House Can I Affordâ calculator to find out how much you can afford.