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Mathematics, 04.04.2020 10:32, hannahdrumsey
Beau has an annual adjusted gross income of $89,750. He is applying for a mortgage loan that would have a monthly payment of $1,025. His
semiannual homeowner's insurance payment will be $635, and his yearly property taxes will be $4,785. Beau also has a monthly credit card
payment of $2.000 and a monthly car payment of $250. Using the formula, determine Beau's front-end ratio to the nearest percentage.
monthly housing expenses
front-end ratio = monthly gross income
OA. 19%
OB. 20%
OC 21%
OD. 249
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Answers: 2
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Mathematics, 21.06.2019 16:30, rleiphart1
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 your calculation, the annual property tax will be $3,600 and the annual homeowner's premium will be $360.
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Mathematics, 21.06.2019 17:00, tamaliablanchard
This is different from the first one can someone me
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Beau has an annual adjusted gross income of $89,750. He is applying for a mortgage loan that would h...
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