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Question 1 Assuming that lenders do not want to see monthly payments > 25% of household income, what is the maximum value of a house
Question 1 Assuming that lenders do not want to see monthly payments > 25% of household income, what is the maximum value of a house for a household income of $100,000 when mortgage rates for a 85% LTV are 10% paid monthly? Selected Answer: Question 2 The higher a person's income tax rate, the Selected Answer: Question 3 none of the above Selected Answer: more A decrease in household size has caused the number of households to increase likely they are to own vs. rent Question 4 If mortgage interest is $2,600, property taxes are $900, and the after tax costs are $2,800, the federal tax bracket for the household is ____% Selected Answer: none of the above
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