Jim has an annual income of $240,000. Jim is looking to buy a house with monthly property

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Jim has an annual income of $240,000. Jim is looking to buy a house with monthly property taxes of $200 and monthly homeowner's insurance of $100. Big Apple Bank has a maximum front-end DTI limit of 25% Considering only the front-end DTI limit, what is the most the bank will allow Jim to spend on a monthly mortgage payment

Posted Date: Jul 11, 2024 08:22 AM

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Jim has an annual income of $240,000. Jim is looking to buy a house with monthly property

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