The 28% rule suggests spending no more than 28% of gross income on a mortgage.
FHA allows up to 31% of gross income for mortgage payments, offering more flexibility.
Maximize Savings for Buying Your First Home With the 28% Rule
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The 28% rule suggests spending no more than 28% of gross income on a mortgage.
FHA allows up to 31% of gross income for mortgage payments, offering more flexibility.
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