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28/36 rule

How Much of Your Income Should You Spend on Your Mortgage?

October 13, 2021 28/36 rule, afford to spend, buy a home, debt including, debt payments, debt to income ratio, fha loan, financial decisions, front end ratio, interest rate, lenders typically, monthly mortgage payment, mortgage calculation, mortgage lender, mortgage loan, principal interest taxes and insurance, real estate, rule of thumb, student loans

What percentage of income should go to mortgage payments?  It’s a good question, particularly when you’re ready to buy a home for the first time. Just like other important financial decisions, you want your monthly mortgage payment to fit seamlessly into your lifestyle.  Morty can help you determine what you can comfortably afford to spend […]

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Morty is a licensed mortgage broker. NMLS ID # 1429243. NMLS Consumer Access. All loans originated by Morty are funded by third party lenders. Morty, Inc. is authorized to do business as “Morty” in certain states. Morty is an equal housing lender.

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