Question: Determine the maximum 3 0 - year fixed - rate mortgage amount for which a couple could qualify if the rate is 4 . 6
Determine the maximumyear fixedrate mortgage amount for which a couple could qualify if the rate is percent. Assume they have other debt payments totaling $ per month and a combined annual income of $ comma Monthly escrow payments for real estate taxes and homeowner's insurance are estimated to be $Assume a percent maximum of annual income for total debt and escrow payments.
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