Jim has an annual income of $200,000. Jim is looking to buy a house with...
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Accounting
Jim has an annual income of $200,000. Jim is looking to buy a house with monthly property taxes of $500 and monthly homeowner's insurance of $300. Apple bank has a maximum front end PTI limit of 45%. Considering only the front end PTI limit, what is the most they will allow Jim to spend on a monthly mortgage payment? 6,700 89,200 7,000 7,500 90,000

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