2,375 is monthly mtge. What is my monthly take home pay if 30% is used to pay mortgage?

30% of take-home pay is $2,375

so 30% represents $2375

so divide 2375 by .3 to get your take home pay, which is $7916.67

check: 30% of 7916.67 = 7916.67*.3 = $2375
(nice take home pay, even a bit better than my pension, lol)

To calculate your monthly take-home pay, you need to divide the mortgage payment by the percentage of take-home pay it represents. The mortgage payment is $2,375 and it represents 30% of your take-home pay.

To find your monthly take-home pay, you divide $2,375 by 0.3 (which is the decimal form of 30%).

So, $2,375 divided by 0.3 equals $7,916.67. Therefore, your monthly take-home pay is approximately $7,916.67.

To check if it is correct, you can multiply your take-home pay by 30% and see if it equals the mortgage payment. In this case, 30% of $7,916.67 is $2,375, which matches the mortgage payment.