Calculate the housing expense ratio and the total obligation ratio (in %) for the following mortgage applications. (Round your answers to two decimal places.) Applicant Monthly Gross Income Monthly...

Calculate the housing expense ratio and the total obligation ratio (in %) for the following mortgage applications. (Round your answers to two decimal places.)

Applicant	Monthly Gross Income	Monthly PITI Expense	Other Monthly Financial Obligations	Housing Expense Ratio (%)	Total Obligations Ratio (%)
Emerson	$2,900	$755	$290	%	%

Jun 09, 2022

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