The Mauna Loa Volcano is the largest volcano on the planet as it rises over 4 kilometers above the sea level but the 4 kilometers that you see on top is not even half the size of the volcano.he Mauna Loa Volcano is the largest volcano on the planet as it rises over 4 kilometers above the sea level but the 4 kilometers that you see on top is not even half the size of the volcano.
The cost of housing varies wildly from neighborhood to neighborhood, never mind from city to city. An accepted rule of thumb is your mortgage, or lease payment, shouldn't be more than 28 percent of your gross salary. That would be about $1,166 per month on a gross salary of $50,000.
If you have debt, no emergency savings, if you have kids OR (not and) if that is just one income, I would aim even lower. personally, on a $50k/year income, if any of the above are true, I wouldn't go above $100k loan value.I've always thought the 3.5x rule was too high.ith typical debt, you need to figure out if you're typocal or not, I always tell my buyers a good rule of thumb is 3.5 times your salary. At $50k, that would be $175,000. Other factors are also how much you plan on putting down.