{"id":15,"date":"2026-09-12T13:00:00","date_gmt":"2026-09-12T13:00:00","guid":{"rendered":"http:\/\/blogs.room-vu.com\/keithhillsells-com\/2026\/09\/12\/understanding-the-28-36-rule-to-budget-for-a-new-home-purchase\/"},"modified":"2026-09-12T13:00:00","modified_gmt":"2026-09-12T13:00:00","slug":"understanding-the-28-36-rule-to-budget-for-a-new-home-purchase","status":"publish","type":"post","link":"https:\/\/www.keithhillsells.com\/blog\/2026\/09\/12\/understanding-the-28-36-rule-to-budget-for-a-new-home-purchase\/","title":{"rendered":"Understanding the 28\/36 rule to budget for a new home purchase"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>When it comes to buying a new home, knowing how much you can comfortably afford is key. With the median home price sitting at $429,156 in the U.S. and $663,828 in Canada\u2014and mortgage rates hovering between 6.0-6.3%\u2014the numbers can feel overwhelming. I always recommend the 28\/36 affordability rule as a solid starting point: aim to keep your monthly housing costs under 28% of your gross income, and your total debt payments under 36%. Don\u2019t forget to budget for any repairs, and keep an eye out for homes that have been on the market a while or might be undervalued. Having helped Calgary families find homes that truly fit their lives, I know how important it is to balance dreams with practicality. Whether you\u2019re looking for your first place, your next family space, or a rural retreat, a thoughtful budget is the first step toward waking up in a home you love.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"https:\/\/www.airdriecityview.com\/airdrie-house-and-home\/understanding-the-2836-rule-to-budget-for-a-new-home-purchase-12694452\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>When it comes to buying a new home, knowing how much you can comfortably afford is key. With the median home price sitting at $429,156 in the U.S. and $663,828 in Canada\u2014and mortgage rates hovering between 6.0-6.3%\u2014the numbers can feel overwhelming. I always recommend the 28\/36 affordability rule as a solid starting point: aim to [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":44,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.keithhillsells.com\/blog\/wp-json\/wp\/v2\/posts\/15","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.keithhillsells.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.keithhillsells.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.keithhillsells.com\/blog\/wp-json\/wp\/v2\/comments?post=15"}],"version-history":[{"count":0,"href":"https:\/\/www.keithhillsells.com\/blog\/wp-json\/wp\/v2\/posts\/15\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.keithhillsells.com\/blog\/wp-json\/wp\/v2\/media\/44"}],"wp:attachment":[{"href":"https:\/\/www.keithhillsells.com\/blog\/wp-json\/wp\/v2\/media?parent=15"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.keithhillsells.com\/blog\/wp-json\/wp\/v2\/categories?post=15"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.keithhillsells.com\/blog\/wp-json\/wp\/v2\/tags?post=15"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}