Question
Erin and Melissa have a combined annual gross income of $180,000. Their combined monthly long-term debt is $900. What housing expense (mortgage payment) can they
Erin and Melissa have a combined annual gross income of $180,000. Their combined monthly long-term debt is $900. What housing expense (mortgage payment) can they qualify for using standard Fannie/Freddie qualifying guidelines$______? What will be their total debt?
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Compensation
Authors: George Milkovich, Jerry Newman, Barry Gerhart
11th edition
9780077512903, 007802949X, 77512901, 978-0078029493
