Using the 28/36 Rule to Budget for a Home

by amyc

The 28/36 rule helps buyers gauge affordability: spend no more than 28% of income on housing and 36% on total debt, though some lenders may allow more. 

Categories

Recent Posts

Florida Auto Rates Dip Amid Market Stability
Florida Auto Rates Dip Amid Market Stability
RE Q&A: Can I Sue Over Sprinkler Damage?
RE Q&A: Can I Sue Over Sprinkler Damage?
Simple Google Fixes That Can Boost Leads
Simple Google Fixes That Can Boost Leads
Experts Urge Focus on High-Value Upgrades
Experts Urge Focus on High-Value Upgrades
Stylish Shelves to Elevate Home Staging
Stylish Shelves to Elevate Home Staging
Crimes, Misdemeanors, Misconduct – an Overview
Crimes, Misdemeanors, Misconduct – an Overview
Mortgage Rates Hit Lowest Level in Over a Year
Mortgage Rates Hit Lowest Level in Over a Year
Florida Realtors Strengthens Japan Connection
Florida Realtors Strengthens Japan Connection
Fed Chair Cautious on December Rate Cut
Fed Chair Cautious on December Rate Cut
Exclusive Coverage for Florida Realtors Members
Exclusive Coverage for Florida Realtors Members

Share on Social Media

Vivette Montas
Vivette Montas

Realtor |NHCB, ABR | License ID: 3342071

+1(407) 906-3632 | vivsells@montashomes.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Vivette Montas, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.