Bar graphs are used to compare things between different groups or to track changes over time. However, when trying to measure change over time, bar graphs are best when the changes are larger. . . . an Area Graph. Area graphs are very similar to line graphs.
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.