We calculate this based on a simple income multiple, but, in reality, it's much more complex. When you apply for a mortgage, lenders calculate how much they'll lend based on both your income and your ...

Learn how to gain control of your saving and spending Are you struggling to keep your spending below your income? Do you strategize about how to increase your savings? Our free budgeting calculator ...

Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, technology, and more. Erika Rasure is globally-recognized as a leading consumer ...

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