Determine you are verifiable, established income received from all sources. This includes compensation received on a regular basis that is documented and can be proven to your mortgage lender. Most common types of documentation include pay stubs, W2, or 1099 tax forms. Other provable income may include official reports for Uber or Lyft income, regular statements from eBay or similar online accounts, and bank statements illustrating other regular income, such as rental monies received from an income-producing property that you may own.

Non-deposited or irregular cash income received from babysitting, dog-walking or part-time “gigs” may not be considered in the calculation.

First Step:

Remember, there are more than 4 weeks to a month. Thus, if you are paid weekly:  multiply your gross income from the most recent paycheck (before taxes and deductions) by 52 (weeks), then divide by 12(months). This will determine your monthly gross income. If you are paid bi-weekly (every 2 weeks), simply multiply the gross income on one check by 26 and divide by 12. Are you being paid bimonthly (2 times per month)?  Simply multiply your gross by 24 and then divide by 12.

Those calculations assume a regular, fixed income. If your income includes variable overtime or commission payments, make an initial calculation using base pay only. Then, add up your overtime or commission income received over the last 6 months, and divide by 6. Add the average of your fixed income to the average of your variable income, and you will have total your gross monthly income.

For example, The median gross family income in Seattle, Washington is $100,000.00 per year. Divide this number by 52, and it breaks down to $1923.00 per week. Divide $100,000 by twelve, and you have a gross income of $8,333.33 per month. Thus, 31% of gross income would be $2583.00 per month.

Second step

Determine minimum monthly payments necessary for your existing credit cards, car payment, student loans, second home mortgage, 401(k) loan repayment, and any tax debt. These recurring, fixed payment items appearing on your credit report will be taken into consideration by your Seattle online mortgage lender in calculating the maximum loan available for you. Add the total of those payments.

Once you have the payment total of your monthly, fixed debt items, divide that amount by your monthly gross income.  If you have $800.00 in fixed monthly expenses and divide by $8333.33, you can anticipate those expenses to equal 9.6% of your monthly income.

Once you have your figures calculated, enter them into the mortgage calculator.

Third step

Determine your debt to income ratio (DTI).  DTI is one of the biggest factors used by underwriters in approving a home loan. Most lenders will approve a mortgage for a borrower who has a debt-to-income ratio of 43% or less.  However, there exist some federally underwritten programs that may deviate from this calculation.

Using our example above, an individual with a home loan payment of 31% of gross income, and expenses at 9.6%, would have a debt to income ratio of 40.6% and would be a viable candidate for approval of a home loan.

If your debt-to-income ratio is a little high, consider paying down credit cards or other loans before you apply for a mortgage.  This will ensure that you are a viable candidate for the best financing rates and loan programs available.

Budgeting for your home and lifestyle

Approval guidelines are based on average common expenses and determine maximum approved loan and payment amounts.   If you are frugal, carry little debt, and are more of a homebody, maximum guidelines should fit your lifestyle.  However, if your entertainment and dining budget is on the higher end, you may want to consider a home loan with monthly payments lower than the maximum approved amount.

Though not necessarily included in your official mortgage approval calculation, it is important to track all other monthly bills and subscriptions. Most importantly, all savvy financial planners advise budgeting a minimum, payment of 10% of your gross income to a savings plan.

Other necessary fixed expenses to consider include:  federal & state income taxes, health & dental insurance, children & dependent expenses, cell phone, cable & internet, gas & electric, clothing, homeowner’s association fees, and car insurance.

Be sure to also consider variable, but recurring expenses, such as groceries & cleaning supplies, haircuts, dining out, gym membership, Netflix, daily coffee purchases, uncovered medical expenses, vacation savings, birthday & Christmas gifts, veterinary & food expenses for your pets, and any major upcoming life events (like participation in a wedding). Variable expenses can be difficult to calculate. Experts recommend keeping a journal or spreadsheet to track this spending and revisit the list regularly to see where reductions can be made.

Other items to consider

Property taxes change every year the past few years have seen an abnormally large increase in tax rates in Seattle due to past legislation.  The 2019 property tax bill will not reflect much of an increase. The average tax bill in King County for 2019 will be approximately 1% of the value of the home.  Thus, a home with a value of $250,000 will see an annual property tax bill of $2500.  Divide that number by 12 (months), and the monthly tax liability is $208.34.

Certain buyers are eligible for property tax deductions or exemptions.  If you are disabled, elderly, or the widow(er) of a veteran, be sure to discuss the tax breaks with your favourite Seattle online mortgage lender.

Also, keep in mind that certain utility bills are higher in a larger house.   If your current living situation is a one-bedroom apartment in a high-rise, chances are you pay very low heating and electric bills.   When considering your home purchase, keep in mind that the larger the square footage, the larger the utility bills will become.

Monthly mortgage payment guidelines are used to calculate generally how much mortgage payment an individual can afford.  However, they do not anticipate for all individual spending habits.  Make a list of all possible expenses, fixed and variable, and prioritize voluntary spending categories.  Are those expenses absolutely necessary?  Be realistic when assigning a value to entertainment expenses.

Consider alternatives, such as dining at home or avoiding your favourite clothing store.  It is possible to be a homeowner and still enjoy your life!  Check out all of your Seattle home financing options at www.sammamishmortgage.com, and follow their simple steps for preapproval.

The main challenge with programming is that there are always lots of aspects to consider. You need to think about programming languages that the coder knows, experience and so on. All the little things add up, so you want to make sure that you learn how to do programming outsourcing the right way. Outsourcing is the way to go if you have no programming experience. And even if you do, this might be able to help you recoup some time or solve some problems here and there.

If you do that adequately, the results can be great.

Why should you use programming outsourcing services?

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The reason is simple, programming is very time-consuming. Even if you try to do it yourself to save money, this is extremely time-consuming and not exactly the best way for you to save money in your business. Your primary focus has to be on value and quality. And the more you think about that, the better the payoff will be at the end of the day.

Plus, outsourcing allows you to reach global talent. You are not limited to yourself or the knowledge that your friends might have. It’s a very comprehensive system and one that does tend to pay off big time and without any hassle.

Of course, you also get to have multiple options, and that alone can be very helpful. You get to pick when and how you outsource, and you can also adjust and adapt the process in a way that really works for you no matter what.

Where can you outsource programming tasks?

via: Pixabay

You will notice that there are many ways you can initiate the programming outsourcing process. Freelance websites are maybe the best option here because there are tons of them and you can easily bring in the right solutions and features without that much of a problem. And since there’s a lot of competition you can get the job done at a very low price. Check reviews and ensure that you work with a professional. Otherwise, you will have problems and that alone will be an issue to focus on all the time.

Direct recruitment also works. You can find companies that offer programming outsourcing and they will offer you a good solution to this. It all comes down to adaptability for the most part. And once you start working on that you will get to see all its value and benefits. It is a very creative aspect you have to consider, but once you do that it will totally be worth it.

The online coding community is also very handy. That’s where many coders advertise their projects and ideas. And if you need to hire a coder, that’s where you should be able to find him. The idea here is to understand what you are getting into and how you can tackle the process all the time. You will certainly enjoy it, so might as well explore the options and consider all challenges.

What features should you look for with programming outsourcing?

via: Pixabay

First, you need experience. The more experience a programmer has, the better it will be for you. Then you also need to see previous work, as quality matters and you want to avoid dealing with low quality most of the time. Low rates are also a very good idea too. Most of the time you will not have a lot of money to spend on programming.

And that’s why you need to be fully committed to quality, once you do that nothing will be able to stand in your way. It will totally be worth it, so might as well do that and you will enjoy the experience without any hassle. Rest assured that outsourcing programming is always a great idea and it can help grow your business.

Of course, there are challenges along the way. But then again you have to know what you are getting into and how you can tackle and adapt everything in a way that you will enjoy. Nothing is more important than focusing on growth and value. And in the end, it all comes down to delivering an amazing experience for customers. Which is why you need to hire the best programmer and not waste time or money!

NTFS or New Technology File System is a popular file system which is developed by Microsoft. This file system is widely used in hard drives, computers, external hard drives, etc. Sometimes and especially when you are not careful, you may end up losing your files by mistake. This may happen due to various reasons including virus attack, deletion, improper operation, formatting or for any other reasons.

People who do not have enough knowledge about computers or technology may find it really hard or nearly impossible to recover the lost data from the NTFS hard drive. But there is nothing to worry about as the data can be easily recovered using a damaged partition recovery software. However, you need to know the right way to do it.

If you are not sure of what to do and how to recover your lost data from NTFS partitions, you are in the right place. In this article, we are going to discuss the steps you need to perform to get back your data using a recover raw partition software.

NTFS: Important Things To Know

Before we move on to the steps to recover your lost data from the NTFA hard drive, let us learn a few things about NTFS.

1. NTFS which is a widely used file system was developed by Microsoft in the year 1993.
2. The introduction of NTFS replaced high-performance file system and FAT. That’s because NTFE had more many benefits that the other types of files systems. In other words, NTFS was technologically more improved and included support for advanced data structure and metadata.
3. NTFS is a file system that was not only more reliable but it was also better in performance. Along with that, it could also utilize the disk space better.
4. It was packed with several features including support for sparse file, disk usage quotas, reparse points, encrypting file system and distributed link tracking.
5. The file system also includes additional extensions like security access control list and file system journaling.
6. NTFS hard drive is known to provide specific advantages for specific situations. This is one of the more reasons why the file system became so popular among the users.

How To Recover Lost Data From NTFS Hard Drive?

To recover damaged NTFS partition, you need a powerful hard drive data recovery tool. This type of software proves to be handy in times of emergency file loss. In this case, we would suggest you use Recoverit Data Recovery tool. This is one of the best data recovery software you can use to fix your problems. With the use of this software, you can literally recover any type of lost data from your NTFS hard drive.

If you are bothered about the reliability of the software, don’t be. This is a 100% safe software to use. The best thing is that the software is available for free. This means you can fix your problem without having to pay a single penny.

For the ones who haven’t used the software before, may find it difficult to figure out the steps on their own. To help you guys out, we have laid down the steps you need to follow. Here you go with the steps.

• Steps Guide:

1.    The first thing to do is download and install the Recoverit Data Recovery software on your PC and then launch it.
2.    In order to recover lost data from your NTFS partition, you need to select the lost partition and then click the “Start” button.

2.    The software will run a quick scan right away.

3.   Once the scanning is over, you will get to see a list of all your lost files on that partition. Before recovering them, you can once preview the files in order to be sure of their condition. Now all you have to do is click on the ‘Recover’ option, once you tick the files that you want. This will complete your data recovery from the NTFA hard drive.

From the above discussion, the steps to recover your lost data from NTFS hard drive should be clear. If you face any situation, instead of worrying, make use of Recoverit Data Recovery software and solve your problem hassle free.