Acommon rule is that housing expenses should not be more than 28% of your monthly income. your monthly income is $3,200. how much can you spend on housing?

less than $896.00

Step-by-step explanation:

A common rule is that housing expenses should not be more than 28% of your monthly income.

your monthly income = $3,200

so your housing expense should not be more than 28% of $3,200

= × 3,200

= 0.28 × 3,200 = $896.00

So you can spend less than $896.00 on housing expenses.

step-by-step explanation: