Tom is 45 and pays $2042 on his mortgage each month while his total take-home pay is $5950 per month. The national average, for those aged 35 – 64, on housing costs is 35% of income. Compute the per

Tom is 45 and pays $2042 on his mortgage each month while his total take-home pay is $5950 per month. The national average, for those aged 35 – 64, on housing costs is 35% of income. Compute the percent of Tom’s income that he spends on housing.