What was the original net monthly cash flow

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Reference no: EM133372467

Questions:

1) What was the original (status quo) net monthly cash flow for the Davidsons?

2) What percent of their monthly gross income is dedicated to the combination of their mortgage, homeowner's insurance, and county property taxes? Show work.

3) What do financial experts recommend as a maximum percentage?

4) How does this compare to the amount the Davidsons spend?

5) What percent of their monthly gross income is dedicated to vehicle expenses? Show work.

6) What do financial experts recommend as the maximum percentage of income that should go to auto costs?

7) How does the Davidson's auto costs (insurance, maintenance/repairs, and truck payment) compare with to recommended percentage?

Reference no: EM133372467

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