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When trying to decide how much house you can afford another guideline deals with looking at the monthly mortgage payment and seeing how much you
When trying to decide how much house you can afford another guideline deals with looking at the monthly mortgage payment and seeing how much you can
afford.
The guideline states that your monthly mortgage payment should not exceed
of gross monthly income. gross income is BEFORE taxes
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International Financial Management
Authors: Geert Bekaert, Robert J. Hodrick
2nd edition
013299755X, 132162768, 9780132997553, 978-0132162760
