How Much Money Can I Afford to Borrow? Most future homeowners can afford to mortgage a property even if it costs between 2 and 2.5 times the. The debt-to- income ratio, which is also called the “Back-End Ratio” figures what percentage of.
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The cost of borrowing money is called – weegy.com – The cost of borrowing money is called. The cost of borrowing money is called interest. Log in for more information. question. asked 1/29/2015 9:45:20 AM. Updated 2/27/2016 5:56:58 PM. 1 Answer/Comment. Get an answer. Search for an answer or ask Weegy.
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