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Jordan earns an annual salary of $45,000. If a lender uses 33% of monthly gross income as a guideline for the maximum PITI (principal, interest, taxes, and insurance) , what is the maximum mortgage that Jordan can apply for?
Classism
The systematic oppression of dominant class groups on subordinate classes in order to gain advantage and strengthen their own positions.
Mixed-income
Describes communities or housing developments designed to include a range of income levels among residents, aimed at promoting diversity and reducing economic segregation.
Fitness Centre
A facility equipped with workout machines, weights, and sometimes classes, aimed at improving physical fitness and health.
Sizeism
Prejudice against individuals based on their body size, including height and weight.
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