Your monthly housing costs—including principal, interest, taxes, and insurance (PITI)—should not exceed 28% of your gross monthly income.
Have 30% of the home price saved (20% for down payment, 10% for closing costs and an emergency buffer). how expensive of a house can i buy
Developed to ensure you aren't "house poor," this rule adds a savings requirement: Your monthly housing costs—including principal
Your total monthly debt payments (housing costs + car loans, student loans, credit cards) should not exceed 36% of your gross monthly income. 3. The 30/30/3 Rule (Conservative Safety Net) how expensive of a house can i buy
