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Determine the maximum 30-year fixed-rate mortgage amount for which a couple could qualify if the rate is 6.04 percent. Assume they have other debt payments
Determine the maximum 30-year fixed-rate mortgage amount for which a couple could qualify if the rate is
6.04
percent. Assume they have other debt payments totaling
$302
per month and a combined annual income of
$48,300.
Monthly escrow payments for real estate taxes and homeowner's insurance are estimated to be
$125.
The maximum 30-year fixed-rate mortgage amount for which a couple could qualify if the rate is
6.04% is %
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