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Souzan's financial institution has confirmed that based on her Cone TDSR of 40% and GDSR of 30%, the maximum monthly mortgage payment she qualifies for

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Souzan's financial institution has confirmed that based on her Cone TDSR of 40% and GDSR of 30%, the maximum monthly mortgage payment she qualifies for is $2442. The qualifying interest rate for mortgages is 5% semi-annual and assume a 25 year amortization. Based on this, what is the largest mortgage she would be able to qualify for? Input your answer to the nearest dollar with no minus or $ sign. Answer: 705716.68 The correct answer is: 419 AUTO

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