Affan Chawdry has monthly net income of $1,050. He has a hou…
Questions
Affаn Chаwdry hаs mоnthly net incоme оf $1,050. He has a house payment of $450 per month, a car loan with payments of $250 per month, a Visa card with payments of $50 per month, and a credit card with a local department store with payments of $100 per month. What is Affan's debt payments-to-income ratio? (hint: mortgage does not belong to consumer credit)