The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Re: OT as a raise Date:  8/4/2012  8:08 PM
Author:  foo1bar Number:  116496 of 128043

Would they figure this $$$ into my income figure?

Would you want to have a loan that required you to have that income?
(I wouldn't)

But - assuming you do - the best place to ask this question I think is on the "Buying or Selling a Home" board

I'm guessing that if you can show that you made $X last year, and claim that as your income (and your pay stubs are close enough) the lenders/underwriters will accept your statement that you're making $X.

I need to decide whether I want the OT(more money)..or base pay raise.
I'd be more concerned about other things that might be dependent on your base pay.
1> life insurance
2> 401k contributions
3> bonuses
4> any other benefits that might be based on your base pay.

And what will you get for pay when you're out for a week on vacation?
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us