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Arthur earns $ 2 8 5 0 each month and wants to by a home under a Conventional loan program. The home he wants cost

Arthur earns $

2850

each month and wants to by a home under a Conventional loan program. The home he wants cost $

95, 000

; he will need a

90 %

loan. His P&I would be $

688,

and taxes and insurance would equal $

245

per month. Arthur has a car payment of $

185 .

Does Arthur qualify for

the loan?

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