Maddie Marlow and Jonah Font have an adjusted gross income of $174,200. They are looking for a new house. Their monthly mortgage payment would be $1,710. Their annual property taxes would be $12,350 and their annual homeowner's premium would be $1080. Calculate their front-end ratio. Front-end ratio = Monthly housing expenses / Monthly gross income

Jake has total fixed monthly expenses of ​$1,350 and his gross monthly income is ​$3,875. What is his​ debt-to-income ratio? How does his ratio compare to the desired​ ratio?

Conchita Martinez will have a monthly interest and principal payment of $1,846.74. Her monthly real estate taxes will be $58.23 and her monthly homeowner's insurance payments will be $87.73. If her gross monthly income is $6,769.86, find the housing ratio. The housing ratio is (Round to two decimal places as needed.)

Jake has total fixed monthly expenses of $1,320 and his gross monthly income is $3,950. What is his debt-to-income ratio? How does his ratio compare to the desired ratio? Debt-to-income ratio = % (Round to the nearest integer as needed.) Jake's ratio is V the maximum percentage.

Chris and Patti have a combined gross income of 590, 000 Using the 28/36 ratio, how much of their gross income should be expected to go towards their mortgage ?

Conchita Martinez will have a monthly interest and principal payment of $1,850.13. Her monthly real estate taxes will be $57.32 and her monthly homeowner's insurance payments will be $84.14. If her gross monthly income is $6,810.22, find the housing ratio. The housing ratio is (Round to two decimal places as needed.)

Seth and Alexandra Moore of Elk Grove Village, Illinois have an annual income of $120,000 and want to buy a home. Currently, mortgage rates are 4.0 percent. The Moores want to take out a mortgage for 30 years. Real estate taxes are estimated to be $5,160 per year for homes similar to what they would like to buy, and homeowner's insurance would be about $1,620 per year. Using a 28 percent front-end ratio, what are the total annual and monthly expenditures for which they would qualify? Round your answers to the nearest dollar. Total annual expenditures $   Monthly expenditures $   Using a 36 percent back-end ratio, what monthly mortgage payment (including taxes and insurance) could they afford given that they have an automobile loan payment of $450, a student loan payment of $350, and credit card payments of $270? (Hint: Subtract these amounts from the total monthly affordable payments for their income to determine the amount left over to spend on a mortgage.) Round your…

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Jake has total fixed monthly expenses of ​$1,450 and his gross monthly income is ​$3,825. What is his​ debt-to-income ratio? How does his ratio compare to the desired​ ratio?