10/12/2026
🏡 Thinking About Buying a Home? Let’s Do the Math!
Before you start house hunting, it’s important to understand how much home you can comfortably afford.
Have you heard of the 28/36 Rule?
28% Rule: Ideally, your monthly housing expenses, including your mortgage, property taxes, and insurance, should stay within 28% of your gross monthly income.
36% Rule: Your total monthly debt payments, including your mortgage, car loans, credit cards, and other debts, should ideally stay within 36% of your gross monthly income.
These are general guidelines, not strict lending requirements. Your actual buying power depends on your credit, down payment, loan program, and other factors.
Buying a home is about more than what you qualify for. It’s about what fits your budget and lifestyle!
Whether you’re a first-time buyer or ready for your next home, I’d love to help you navigate the process.
Danielle Mahony | REALTOR®
Shoreline Coast Realty
📞 321-537-5486
Serving Brevard County & Florida’s Space Coast
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