How much home can you actually afford? 🏡🤔


Let’s break down the 28% / 36% rule — the simplest way to estimate your budget.

Here’s how it works:

✨ 28% Rule
Your monthly housing payment (mortgage, taxes, insurance) should stay at or below 28% of your gross monthly income.

✨ 36% Rule
Your total monthly debts (housing + car, credit cards, student loans, etc.) should stay at or below 36% of your gross monthly income.

Quick example:
If you make $7,000/month…
• 28% rule → aim for a housing payment around $1,960
• 36% rule → all debts combined should be around $2,520

💡 Why it matters:
These guidelines help you stay comfortable, avoid being “house poor,” and make sure you qualify smoothly with lenders.

If you want me to run your numbers and help you see what price range fits your budget in today’s market, just send me a message! I’m happy to help you get started. 🤍

CLICK THE PICTURE DOWN BELOW TO GO TO THE CALCULATOR

— Carlee | Rafter H Realty
Your Mansfield, TX real estate resource 🏡✨