Jim Probasco

3 days ago | texarkanagazette.com | Jim Probasco

"How much can I afford to pay for a house?" It's a question all hopeful homebuyers ask themselves. Coming up with a monthly payment that works for you might be easy -- simply subtract your monthly expenses from your gross monthly income. Unfortunately, that number might not align with the amount of money a bank will lend you. That's because banks and other lending institutions have a formula they often use to determine what you can afford: the 28/36 rule. WHAT IS THE 28/36 RULE?

4 days ago | theepochtimes.com | Jim Probasco

By Jim Probasco Bankrate.com“How much can I afford to pay for a house?” It’s a question all hopeful homebuyers ask themselves. Coming up with a monthly payment that works for you might be easy—simply subtract your monthly expenses from your gross monthly income. What Is the 28/36 Rule? This rule of thumb dictates that you spend no more than Unfortunately, that number might not align with the amount of money a bank will lend you.

5 days ago | decaturdaily.com | Jim Probasco

“How much can I afford to pay for a house?” It’s a question all hopeful homebuyers ask themselves. Coming up with a monthly payment that works for you might be easy — simply subtract your monthly expenses from your gross monthly income. Unfortunately, that number might not align with the amount of money a bank will lend you. That’s because banks and other lending institutions have a formula they often use to determine what you can afford: the 28/36 rule. ---What is the 28/36 rule?

1 week ago | decaturdaily.com | Jim Probasco

“How much can I afford to pay for a house?” It’s a question all hopeful homebuyers ask themselves. Coming up with a monthly payment that works for you might be easy — simply subtract your monthly expenses from your gross monthly income. kAm&?7@CEF?2E6=J[ E92E ?F>36C >:89E ?@E 2=:8? H:E9 E96 2>@F?E @7 >@?6J 2 32?< H:== =6?5 J@F] %92E’D 3642FD6 32?<D 2?5 @E96C =6?5:?8 :?DE:EFE:@?D 92G6 2 7@C>F=2 E96J @7E6? FD6 E@ 56E6C>:?6 H92E J@F 42?

1 month ago | bankrate.com | Jim Probasco |Michele Petry |Emmanuel Nyame

“How much can I afford to pay for a house?” It’s a question all hopeful homebuyers ask themselves. Coming up with a monthly payment that works for you might be easy — simply subtract your monthly expenses from your gross monthly income. Unfortunately, that number might not align with the amount of money a bank will lend you. That’s because banks and other lending institutions have a formula they often use to determine what you can afford: the 28/36 rule. What is the 28/36 rule?