Credit Management Interview Questions

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Bob Smith is looking to take a home loan with a $1,500/mo payment. He already pays $500/mo for student and auto loans. If his salary is $72,000, what percentage from his gross monthly income will be used to pay these loans?
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Credit/Risk Analyst (Underwriter)

Interviewed at J.P. Morgan

3.9
Aug 18, 2011

Bob Smith is looking to take a home loan with a $1,500/mo payment. He already pays $500/mo for student and auto loans. If his salary is $72,000, what percentage from his gross monthly income will be used to pay these loans?

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