If your annual gross income is $62,000 and you have one monthly car payment of $335 and
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If your annual gross income is $62,000 and you have one monthly car payment of $335 and a monthly student loan payment of $225, what is the maximum house payment you can afford. Consider a standard 28% front-end ratio and a 36% back-end ratio. Also, to complete the calculation, the annual property tax will be $3,600 and the annual homeowner's premium will be $360.
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