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belka [17]
3 years ago
8

In order to minimize the difficulty associated with meeting monthly loan payments, the debt service ratio should be __________.

Business
1 answer:
Andre45 [30]3 years ago
8 0
In order to minimize the difficulty associated with meeting monthly loan payment, the debt service ratio should be : Below 35 %

This Ratio showed that your annual monthly income still able to cover up your loan payments after considering your housing and other expenses for your daily lives
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