Rimi currently earns $3300 per month. She has the following monthly debt payment expenses: $85 for credit cards, $110 for student loans, and a $220 car payment. She is looking to buy a house. The monthly mortgage, including principal, insurance, taxes, and insurance is $1188. Does Rimi pass the FHA total fixed payments to income ratio requirement
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Rimi currently earns $3300 per month. She has the following monthly debt payment expenses: $85 for credit cards, $110 for student loans, ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Based on the concept of service blueprinting, what is the "line of visibility?" select one: a. the architectural line drawn on the the blueprint, below which are notes not meant to be seen by the client. b.
Answers (1)
What is the difference between GDP and GDE
Answers (1)
At the beginning of the year, Yates Company had total assets of $550,000 and total liabilities of $200,000. Answer the following questions viewing each situation as being independent of the others.
Answers (1)
On November 1, Year 1, Thomasson paid rent on its building for 2 years in the amount of $12,000. When the transaction was initially recorded, the full $12,000 was recorded as an expense using an alternative approach to record the prepayment.
Answers (1)
Sage Hill, Inc. uses a perpetual inventory system. Its beginning inventory consists of 130 units that cost $210 each. During August, the company purchased 215 units at $210 each, returned 6 units for credit, and sold 245 units at $480 each.
Answers (1)
New Questions in Business
What two cpt codes describe a review of history, external examination, ophthalmoscopy, bio-microscopy for an acute complicated condition (e. g., iritis) not requiring comprehensive ophthalmological services?
Answers (1)
Jeff is going to sell sporting apparel, which he has already purchased from manufacturers, and has signed a deal agreeing to the volume he will sell monthly.
Answers (1)
One might infer from a debit balance in allowance for doubtful accounts that
Answers (1)
Lee has not been showing up to work on time. which work ethic is he lacking
Answers (1)
Peterson Company estimates that overhead costs for the next year will be $3,400,000 for indirect labor and $850,000 for factory utilities. The company uses machine hours as its overhead allocation base.
Answers (1)