152k views
2 votes
Amy has an adjusted gross income of $85,600. For the house she is considering buying, her monthly mortgage payment would be $1,711.22, her semi-annual property tax bill would be $3,239, and her annual homeowner’s insurance bill would be $980. She has a credit card bill that averages $500 per month and a $475 car payment. What is her back-end ratio?​

1 Answer

6 votes

Answer:

85,600:6,905.22

Explanation:

User Waqas Memon
by
5.0k points