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).
Report Abuse. Rule of thumb (gross generalization) says a mortgage between 2x and 3x your annual income. You'd be looking for a house between $210,000 and $310,000 (downpayment of $10,000 added to the 2x - 3x income).You can probably get approved for more (or could have, in the past), but you won't truly be able to 'afford' it.eport Abuse. Rule of thumb (gross generalization) says a mortgage between 2x and 3x your annual income. You'd be looking for a house between $210,000 and $310,000 (downpayment of $10,000 added to the 2x - 3x income).