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    Personal Finance Study Set 3
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    Exam 7: The Finances of Housing
  5. Question
    Lenders Commonly Use a GDS Ratio of 50% and a TDS
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Lenders Commonly Use a GDS Ratio of 50% and a TDS

Question 80

Question 80

True/False

Lenders commonly use a GDS ratio of 50% and a TDS ratio of 60% as guidelines to determine the amount you can comfortably afford for housing.

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