What is usually the highest percentage of family income that lenders allow for monthly mortgage payments

1 answer:

3 0

I would say about 28%. this would include the mortgage principal, mortgage interest , and all taxes and home insurance. hope this helped

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Answer:

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I know the answer is no solution but I don't know how to get it☹️ plz help!

Crank

When a linear equation is in the form y = mx + c, the c, or constant, is the intercept on the y axis, meaning it crosses the y axis at (0, 1).

The gradient (1/3 in this case) is how much the y increments (or decrements) per increase of 1 of the value of x.

This would mean that there would be one point at (0, 1), and another at (3, 2). Draw a line from these two points and beyond, and that is the graph sketched.

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makkiz [27]

12 and 3/8 or if you want it entirely in a fraction 99/8.

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