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15. The Carp fammly makes a S30,000 down payment on a S150,000 home. They finance it for 15 years at 378$. If annaal taxes are

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15. The Carp fammly makes a S30,000 down payment on a S150,000 home. They finance it for 15 years at 378$. If annaal taxes are $2.970 and homeowners insurance is $940, what will their total PITI payment be? ( 8 points ) 15B. If the bank charges 2 discount points, how much will the Carp family pay foe them? ( 2 points) 15C. Referring to question 15, if the Cary's have a gross monthly incone of $5,600 mend total fixed mondly expenses of 52,720 , which inclodes their house payment, calculate the housing ratio and the dete to income ratio. Do they qualify? ( 6 poiats) 16. Blecky makes $625 per week. Ben earns $43,500 unnually. The have only two debes A truck payment of 5375 and che credit card, 5125 montaly. ( 10 points) How much can they afford for a bouse payment aring the canventional bousing natio? What is their maximum house poyment ithey can afford using the convenrional debe to income ratio and comidering all of their ether debtw? 17. Referring to question NI6, nuppose they want to buy a boene asing a 59% L.TY, 36 year fixed nate morgage at 4.25% and the ale price is 5175,000 . Will thoy. quekifyt? ( 8 points)

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