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

Mortgage Rates Retreat Slightly
Mortgage Rates Retreat Slightly
Stellar MLS CEO Merri Jo Cowen to Step Down
Stellar MLS CEO Merri Jo Cowen to Step Down
Letting Failure Fuel Your Fire
Letting Failure Fuel Your Fire
VA Home Loan Reform Act Becomes Law
VA Home Loan Reform Act Becomes Law
Pending Home Sales Decrease in June
Pending Home Sales Decrease in June
Boost Your Business: Attend the 2025 Convention
Boost Your Business: Attend the 2025 Convention
My Safe Florida Home Program Reopens Monday
My Safe Florida Home Program Reopens Monday
Florida Consumer Sentiment Mixed In July
Florida Consumer Sentiment Mixed In July
Final Walk-Through Key Before Closing
Final Walk-Through Key Before Closing
Design Rebellion: Ditch the Beige
Design Rebellion: Ditch the Beige

Share on Social Media

agent
Vivette Montas

Realtor |NHCB, ABR | License ID: 3342071

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

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Vivette Montas, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.