9.35% rule

ConceptMentioned in 1 video

A rule of thumb to estimate total home ownership costs, comprising 7% for mortgage, 1.1% for property tax, 1% for repairs, and 0.25% for other expenses.

Videos Mentioning 9.35% rule

How Much Home You Can ACTUALLY Afford (By Income)

Graham Stephan

A rule of thumb to estimate total home ownership costs, comprising 7% for mortgage, 1.1% for property tax, 1% for repairs, and 0.25% for other expenses.