How much house can you afford? The 28/36 rule will help you decide – but it’s also a really helpful tool for us as individuals to decide how much debt we can afford,” sethi tells nbc news. ramit sethi, author of "I Will Teach You to Be Rich"Peter Hurley The rule is.
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How Much Income Is Needed for $2,500 Monthly Mortgage. – Doing the Math. If you know your monthly mortgage payment is project to be $2,500 a month, then you need to divide that by .28 to get the minimum gross monthly income you need to make to afford the payment, which is $8,928.
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