Real estate tip: Net income best gauge for mortgage repayment

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Lenders consider both kinds of income when processing your loan application. Before-tax income is gross income before taxes are paid. For budget purposes, however, you should always consider your after-tax income as the money you have available to pay your bills every month. *** Send a Letter to the Editor for publication.Send a comment or news tip to our newsroom. Please include the headline of the story....