Mathematics, 01.12.2020 23:40, mathman783

CO Mandy has an annual salary of $37,580. Each month she has a car payment of $265 and a student loan of $120. If
she applies for a home loan, how likely is it Mandy will be approved based on her debt-to-income ratio?
a. Very likely, recurring debt is less than what is allowed.
b. Somewhat likely, recurring debt is equal to what is allowed.
C. Not likely, recurring debt is higher than what is allowed.
d. There is not enough information given to determine the answer.

Answers: 2

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CO Mandy has an annual salary of $37,580. Each month she has a car payment of $265 and a student lo...