Suppose your gross monthly income is ($ 5,500) and your current monthly payments are ($ 625). If
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Suppose your gross monthly income is \(\$ 5,500\) and your current monthly payments are \(\$ 625\). If the bank will allow you to pay up to \(36 \%\) of your gross monthly income (less current monthly payments) for a monthly house payment, what is the maximum loan you can obtain if the rate for a 30 -year mortgage is \(4.65 \%\) ?
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Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
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