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OpenStudy (anonymous):
You have a mortgage payment of $1,248.90/ month. Using proportions, what is the minimum amount you must have in realized income pr month to keep housing expense in the acceptable range?
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OpenStudy (anonymous):
Can anyone please help? I have no idea how to even start this
OpenStudy (anonymous):
A rule of thumb is that your monthly mortgage payment (or rent) should be less than (1/4) times your monthly income.
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