Скачать или смотреть Can You REALLY Afford That House? The 28/36 Rule Explained 🏠📊

Don't guess your budget. Use the math that banks use!

​The 28/36 Rule is the global standard for debt-to-income ratios:
•​The 28% Rule: Your monthly mortgage payment (including principal, interest, taxes, and insurance) should not exceed 28% of your gross monthly income.
•​The 36% Rule: Your total debt payments (mortgage + car loans + student loans + credit cards) should not exceed 36% of your gross monthly income.

​Example:
If you earn $5,000/month (Gross):
​Your house payment should be under $1,400.
​Your total debt should be under $1,800.
​If you're over these numbers, lenders see you as "High Risk." Aim to lower your monthly debts before applying for a mortgage to get the best rates!

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#HomeFinancing #MortgagePreApproval #FinancialLiteracy #BudgetingTips #RealEstateGlobal #DebtToIncome