The 50/30/20 rule is a popular budgeting technique. Use this calculator to figure out how to spend your money.

According to the calculator, you would spend roughly $2,452 a month on housing, broken down into $1,763 on mortgage principal ...

As you play around with the calculator, you can see how different down payment amounts will ultimately impact your monthly payment. The less money you borrow, the less you'll need to pay each month.

Longer terms will lower your monthly payment, but as the calculator's results will show, you’ll pay much more in total interest. Not all lenders require a down payment, but NerdWallet suggests ...

Figure out how your monthly budget breaks down using NewsNation’s 50/30/20 calculator ... each month after taxes are withheld. Check your pay stub for a specific breakdown of how much you ...