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Question 18 Assume monthly Principal and interest on a mortgage loan is$635; monthly Tax and insurance payments is $125: monthly student loan payment is $350;

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Question 18 Assume monthly Principal and interest on a mortgage loan is$635; monthly Tax and insurance payments is $125: monthly student loan payment is $350; borrower gross monthly income is $2,500. Calculate the Back-end ratio for this borrower, 44.4% 40.25% 47A2X 38.91% Previous Next

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