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Personal Residence Mortgage: What is the maximum mortgage amount that you could obtain based on monthly gross income of $7,500 assuming that 33% of

Personal Residence Mortgage: What is the maximum mortgage amount that you could obtain based on monthly gross income of $7,500 assuming that 33% of your income could be used for mortgage payments? Assume that prevailing interest rates are 4.5% and a mortgage term of 15 years with monthly payments

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