madisondechow
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How do you know if the price of a particular house fits your budget?

A. the lender accepts your mortgage application
B. by calculating yearly income and monthly debt
C. by taking out homeowners insurance and paying property tax

Respuesta :

pethauls4up110km
I believe your answer would be B.

Answer: The answer is (B) by calculating yearly income and monthly debt.

Step-by-step explanation: We are given to choose the correct option which let us know that the price of a particular house fits our budget or not.

This is very simple, we can calculate our yearly income and our monthly debt. Subtracting the debt from the income yearly or monthly will let us know if the price of the house fits our budget or not.

Thus, the correct option is (B).

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