The 28/36 rule is a guideline that says you should spend no more than 28% of your monthly income on housing and no more than 36% on total debt payments.
You are here: Home / What is the 28/36 rule and how can it help you get approved for a mortgage?
Market News and Views
The 28/36 rule is a guideline that says you should spend no more than 28% of your monthly income on housing and no more than 36% on total debt payments.