by Answerbag Staff on May 24th, 2010

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What does net monthly income mean?

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by Amy Jorgensen on May 24th, 2010

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Net monthly income refers to how much money you bring home during a one-month period after taxes and other deductions. Gross income, on the other hand, refers to the total amount you earn before any deductions are made.
Source:
Freddie Mac: Calculating Net Income
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What does net monthly income mean?

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