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Calculate: Rimi currently earns $ 2 , 5 0 0 per month. She has the following monthly debt payment expenses: $ 7 5 for credit

Calculate: Rimi currently earns $2,500 per month. She has the following monthly debt payment expenses: $75 for credit cards, $125 for student loans, and a $235 car payment. She is looking to buy a house. The monthly mortgage, including principal, insurance, and taxes, is $900. Does Rimi meet the FHA housing payments-to-income ratio guideline?
Yes, because her ratio is less than 31%.
No, because her ratio is greater than 31%.
Yes, because her ratio is less than 43%.
No, because her ratio is greater than 43%.
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