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What will be in hand salary.???

Procter & Gamble Hi fishes, Need your help here. Can anyone refer me to a product company in Bangalore. Below are my details: YOE: 12+ Skills: analytics, people management, team, stakeholder, vendor management Current position: operations manager Location: Bangalore Open to remote working Please help in any opening in your company suitable in managerial position with analytics background 🙏🙏🙏 Accenture Diageo Infosys Unilever Pepsico Coca-Cola Reckitt Benckiser Procter & Gamble EY KPMG India Deloitte
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25% of your current take home pay, with 3-6 months of expenses in an emergency fund. Anything can happen - sickness, job loss, etc. - and that all tends to happen right after your HVAC goes out. With a mortgage at 25%, your total housing cost (insurance, maintenance) should hopefully be around 30% of your pay.
What is the rate on your student loans? Since they are down to about a month of your salary I'd be tempted to buckle down and try to pay that off in the next 3-6 months then start thinking about a house.
3.2%, I’m letting those ride. Started at 37k 4 years ago. My payment after deferment are only $68 a month or so.
I prefer mortgages that can be totally paid off within 5-7 years. That means minimizing all other bills and paying down the mortgage as quickly as possible, especially during the first half, since you’d be paying disproportionately more in interest than principal in that segment. Afterwards it can be relaxed a bit. Either way, any mortgage that isn’t paid off within a few years relies on the risky assumption that the current income will continue to be the same or increase, which is a pretty major dare in today’s job market and the increasing AI job replacement. I’ve seen way too many top professionals be laid off and be unable to secure a subsequent job for months and years. Once a resume gap is established, it often compounds on itself.
How much do you have in reserves? What is the hiring market for your role making the same salary if your co does lay-offs? That is key information needed for this decision.
I’d have about 8k-20k of reserves after closing ideally depending on home price. I do contract work and we were awarded another 6 years. My bank account would probably go up about $1300-$2500 a month after close.
Right now, my expenses are about $2900 a month and the rest I invest for putting in a high yield savings account
Yes you’ve done the math right. Those values check out. It’s really hard to go low because the houses are just so rugged at that price (assuming you’re not in a rural area).
Our Household income is at about $250K reliable income. And $500K-$600K is about our absolute max. Need longterm sustainability to ride the wave of life. Extra savings for kids, job loss, new car, etc.
Making 175k base, I bought a house 2 years ago for 320k, all in HOA, Taxes, mortgage im at 3k a month and that's the most i was willing to spend considering my take home is $8100 a month. Your math is good. I wouldn't go above a 400k house if you can. Keep in mind im single, I have a modest 2 story 2 bed/2.5 bath home, your situation may be different