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Tamar is applying for a mortgage. She has a monthly gross income of $4,500. The home she would like to buy has monthly payments for
Tamar is applying for a mortgage. She has a monthly gross income of $4,500. The home she would like to buy has monthly payments for a mortgage of $750, a property tax of $200, and a hazard insurance premium of $125. What is her front-end mortgage qualification ratio?
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