The Bradys have a gross annual income of $175,000 and have been pre-approved for a 30-year mortgage loan at 3.375% as long as the back-end ratio does not exceed 36% The house they want to buy costs $360,000,and they plan to make a down payment of 20%.Their research shows that the semi-annual property taxes for this house are $3,450.They have been given a quote from their insurance company of a $1,290 annual premium.The Bradys currently have a $579 monthly car payment and their monthly credit card bills average $2,100.Will the bank agree to finance the Bradys' dream home?

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The Answer of The Bradys have a gross annual income of $175,000 and have been pre-approved for a 30-year mortgage loan at 3.375% as long as the back-end ratio does not exceed 36% The house they want to buy costs $360,000,and they plan to make a down payment of 20%.Their research shows that the semi-annual property taxes for this house are $3,450.They have been given a quote from their insurance company of a $1,290 annual premium.The Bradys currently have a $579 monthly car payment and their monthly credit card bills average $2,100.Will the bank agree to finance the Bradys' dream home?

The Bradys Have a Gross Annual Income of $175,000 and Have