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Posted on Oct 19, 2024

3 Suppose your gross monthly income is $ 5 0 0 0 and you can borrow for 3 0 years at 6 . 1 5

3

Suppose your gross monthly income is $

5000

and you can borrow for

30

years at

6.15 % .

How much do you qualify to borrow based on the debt to income ratio for Principal and Interest of

28 % ?

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