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Shahzad makes $1000/month. He is applying for a mortgage to buy a house that requires at most 26% front-end PTI. The underwriter determines that taxes
Shahzad makes $1000/month. He is applying for a mortgage to buy a house that requires at most 26% front-end PTI. The underwriter determines that taxes and insurance for the house would cost $75 montly. What is the maximum qualified mortgage payment that Shahzad can have acording only to the underwriter's front-end PTI rule?
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