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Tran Currently Makes $4,500 Per Month in Gross Income

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Tran currently makes $4,500 per month in gross income.He has a student loan payment of $250 per month and a car loan of $450 per month.His credit card payments average $300 per month.What is the largest PITI he could qualify for with a reputable lender?


Definitions:

Castings

The process of pouring liquid material into a mold to solidify and form a specific shape, commonly used with metals and plastics.

Machining

The process of cutting, shaping, or removing material from a workpiece using tools and machinery, a fundamental operation in manufacturing and metalworking.

Core Prints

Extensions on a casting pattern that create recesses in the mold to properly position and support the core during casting.

Symbol

A graphical sign or character used to represent an idea, object, or operation.

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