Mrs. DeRossett's sister goes to the bank to get a loan to purchase a new home. The bank advises that she make sure her mortgage

Question

3 years ago

7

Mrs. DeRossett's sister goes to the bank to get a loan to purchase a new home. The bank advises that she make sure her mortgage

payment does not exceed 30% of her monthly take home pay. If Mrs. DeRossett's sister makes roughly $5,000 per month, then what would be her recommended maximum monthly mortgage?

Mathematics

1 answer:

salantis [7] · Answer 1 · 2022-04-04T02:38:22+03:00

salantis [7]3 years ago

8 0

Answer:

1,500

Step-by-step explanation: