What is the most they will allow jim to spend on a monthly


Jim has an annual income of $185,000. Jim is looking to buy a house with monthly property taxes of $140 and monthly homeowner’s insurance of $70. Apple bank has a maximum front end DTI limit of 28%, what is the most they will allow Jim to spend on a monthly mortgage?

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Financial Management: What is the most they will allow jim to spend on a monthly
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