Real Estate Math Question #1: Understanding the 28/36 Rule

Real Estate Math Question #1: Understanding the 28/36 Rule When it comes to buying a home, the numbers game can feel like a maze of confusion. But don’t worry, you don’t need to be a math genius to make sense of it all. If you’ve ever heard someone talk about the 28/36 rule, and thought, “What in the world is that?”—don’t sweat it. We’ve got you covered. At its core, the 28/36 rule is a simple guideline used by lenders to determine how much you can afford to borrow. It helps them assess your ability to make your monthly mortgage payments without drowning in debt. Now, let’s break it down: