Question
Jm has an annual income of $185,000. Jim is looking to buy a house with monthly property taxes of $140 and monthly homeowners insurance of
Jm has an annual income of $185,000.
Jim is looking to buy a house with monthly property taxes of $140 and monthly homeowners insurance of $70.
Jim has $178 in monthly student loan payments.
Apple bank has a maximum front end DTI limit of 28% and a maximum back end DTI limit of 36%. Given both limits, what is the most they will allow Jim to spend on a monthly mortgage payment?
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Healthcare Finance An Introduction To Accounting And Financial Management
Authors: Louis C. Gapenski
2nd Edition
1567931650, 978-1567931655
