Question: Maximum affordable mortgage payment. Using the maximum ratios for a conventional mortgage, how big a monthly payment could the Ross family afford if their gross

Maximum affordable mortgage payment.

Using the maximum ratios for a conventional mortgage, how big a monthly payment could the Ross family afford if their gross (before-tax)

monthly income amounted to $3,500? Would it make any difference if they were already making monthly installment loan payments totaling

$750 on two car loans? L01

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