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Jane Doe earns $57,600 per year and has applied for an) $100,000, 30-year mortgage at 8 percent interest, paid monthly Property taxes on the house

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Jane Doe earns $57,600 per year and has applied for an) $100,000, 30-year mortgage at 8 percent interest, paid monthly Property taxes on the house are expected to be $7,200 per year. If her bank requires a gross debt service ratio of no more than 30 percent, will Jane be able to obtain the mortgage? is Jane eligible for the loan

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