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.
Using traditional mortgage underwriting rules, your income will qualify you for a roughly $220K mortgage. That presumes a 35% DTI, no PMI (20% down), about $300/mo for taxes and insurance, all at 4.5% on a 30 year.ating Newest Oldest. Rule of thumb is that you can afford a house that is about 3 times your gross annual income. Some people qualify for more based on their individual situation (mine is 4x). For a $300,000 mortgage, you need a gross income of at least $100,000.