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Sara and Daren plan to buy a new house but don't know how much they can borrow. The total installment loan payments cannot exceed 35%

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Sara and Daren plan to buy a new house but don't know how much they can borrow. The total installment loan payments cannot exceed 35% of their gross monthly income. Based on April and Bills financial information below, what is the maximum monthly mortgage payment for which they can quality? Monthly Gross income Car payment Student loan payment Monthly rent $5,000 350 300 700 O $ 850 Ob 5400 Oct 2350 Od $1.100 O 51.750

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