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tim and gina have an adjusted gross income of 156,775. Their montly mortgage payment for the house they want would be 1,572. Their annual property
tim and gina have an adjusted gross income of 156,775. Their montly mortgage payment for the house they want would be 1,572. Their annual property taxes would be 9,880, and the homeowner's insurance premium would cost them 1,122 per year. Based on the front-end ratio, would the bank lend them 210,000 to purchase the house they want?
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