28/36 Mortgage Rule
Result
Calculated result
466.6666666667
Based on the values entered.
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28/36 Mortgage Rule — free online calculator.
Formula
Housing % = Mortgage ÷ Income × 100 | Debt % = (Mortgage + Other Debt) ÷ Income × 100
- 28/36 Mortgage Rule calculates its result from Mortgage, Income, Other Debt. It uses the formula Housing % = Mortgage ÷ Income × 100 | Debt % = (Mortgage + Other Debt) ÷ Income × 100. Change any input to recalculate the result instantly.
- The main inputs are Mortgage, Income, Other Debt. Enter them in the units and format shown in the calculator.
- Use the units, labels and assumptions shown beside each input so the formula is applied consistently.
- Changing any input above recalculates the result with the same calculation engine used by this page.
Example: 28/36 Mortgage Rule
Inputs
- Mortgage: 10
- Income: 3
- Other Debt: 4
Using Mortgage = 10, Income = 3, Other Debt = 4, the calculated result is 466.6666666667.
Sample result: Calculating…
Frequently asked questions
What does the 28/36 Mortgage Rule calculate?
28/36 Mortgage Rule — free online calculator.
Which values should I enter?
Enter Mortgage, Income, Other Debt using the units and format shown beside each field.
What formula does this calculator use?
The calculator uses the following relationship: Housing % = Mortgage ÷ Income × 100 | Debt % = (Mortgage + Other Debt) ÷ Income × 100.
Why might my result differ from another source?
Results can differ when another source uses different units, rounding rules, conventions or assumptions. Compare the inputs and definitions before comparing results.
Does the result update automatically?
Yes. Changing an input updates the result using the same calculation engine shown on this page.