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jimmonthly gross income is 8000. he is able to get a 4 percent and a 30 year morgage loan. the montly cost on tax and

jimmonthly gross income is 8000. he is able to get a 4 percent and a 30 year morgage loan. the montly cost on tax and insurance would be about 400. what is the max jim can borrow according to the 28 percent rule? please round to the nearest dollar

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