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Business, 10.02.2021 17:20 tiffanyrhoda

Adlington's debt-to-income ratio 18.1% = ($778 + $256 + $287 + $187) / ($100,000 / 12) b. Adlington's debt-to-income ratio is well below what is maximum desirable. They are in good shape for buying the vacation home now as long as their total monthly debt payments stay below about $3000 (($100,000 / 12) X .036). Since they have total monthly payments of $1508 now, that leaves room for, perhaps, a $1000-$1200 per month vacation home payment.

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Adlington's debt-to-income ratio 18.1% = ($778 + $256 + $287 + $187) / ($100,000 / 12) b. Adlington'...

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