Calculate the income necessary to qualify for the best


Check the California Bay Area papers for the best mortgage rates and suggest what terms you should use to buy a $648,000 home (average in the Bay Area). State your sources and provide your calculations. Calculate the income necessary to qualify for the best loan. Find what a 3 bedroom, 2 bath house rents for in your area. Which is the better deal?

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Financial Management: Calculate the income necessary to qualify for the best
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