I'm new on this forum. Trying to do a loan modification with Wells Fargo. What I am trying to figure out is after I deduct my expenses including my present loan payment from my gross monthly income, should I break even, or have a small plus of under $100 left? My gross income is $1693 & I have figured my expenses including present mortgage payment at $1692. I can deduct my electric as my husband pays it and he is not on my loan.That would give me a surplus of $135. My present mortgage payment with Wells Fargo is $679.69 (includes taxes & ins.) This being said my mortgage payment is more than 31% of my gross income and I think I can apply for the Making Home Affordable Program. My new payment should be $524.83. That would save me $154.86 a month I tried to refigure my debt to income using this figure of $524.83 and it would leave me $155.00 left over. I can deduct $135. more as my husband pays the electric bill and is not on my loan.This would give me $290. left after modification. What should the amount left over at the end of the month be?. I guess what I am trying to find out is when you do the worksheet income to debt showing your present mortgage payment, should you break even,have a minus or small plus? When you try to figure your new worksheet income to debt, should you have $150.00 , $200. more or less left over? I don't have a lot of income to work with and expenses don't help, have you heard if Wells Fargo ever goes below the 31% of gross income to figure a new mortgage payment?