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Your clients earn $10,000 per month before taxes, $8,000 per month after taxes. Their student and auto loan payments total $1,200 per month. They
Your clients earn $10,000 per month before taxes, $8,000 per month after taxes. Their student and auto loan payments total $1,200 per month. They want to know if they will qualify to buy a home that would have a PITI payment of $2,300 per month. You calculate their front end / back end ratios to be:
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To determine if your clients will qualify to buy a home with a PITI payment of 2300 per month we nee...
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Personal Finance
Authors: Thomas Garman, Raymond Forgue
12th edition
9781305176409, 1133595839, 1305176405, 978-1133595830
