What percentage will a bank use as the upper limit for debt
1. What percentage will a bank use as the upper limit for debt payments (as a percentage gross income) including mortgage?
a) 43% b) 33% c) 28% d) 48%
2. T/F A mortgage over 15 years has a lower monthly payment than a 30 year mortgage?
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1 what percentage will a bank use as the upper limit for debt payments as a percentage gross income including mortgagea
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