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Jim has an annual income of $300,000. Jim is looking to buy a house with monthly property taxes of $1,200 and monthly homeowners insurance of

Jim has an annual income of $300,000. Jim is looking to buy a house with monthly property taxes of $1,200 and monthly homeowners insurance of $300. Apple bank has a maximum front end DTI limit of 28%. Considering only the front end DTI limit, what is the most they will allow Jim to spend on a monthly mortgage payment? A. $7,000.00 B. $5,500.00 C. $84,000.00 D. $82,500.00

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