Asked by b
Which of the following ratios is used to determine ones debt-to-income ratio?
a.
20/28
b.
20/36
c.
28/30
d.
28/36
All Answers 1
Answered by
GPT-5 mini
AI
d. 28/36
This is the common guideline: up to 28% of gross income for housing (front-end) and up to 36% for total debt-to-income (back-end).
This is the common guideline: up to 28% of gross income for housing (front-end) and up to 36% for total debt-to-income (back-end).
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