31) A borrower is looking for a $650,000 house and plans on putting down 10% of the purchase price. The taxes are annually. The bank is charging 4.75% interest rate on a 30-year self-liquidating 12,000 and the insurance is 3,600 mortgage plus 1% origi per month, credlit cards of $1,000 a month and a car loan of $450 per month, how much does the borrower have to nation fee. PMI is 38% addit al on ther te. Given the borrower has Student loans of $600 32) Charlie bought her house 10 years ago for $300,000 with a $175,000 mortgage from the seller. The terms of the mortgage were 5% rate, 10 years with 30 year amortization. Unfortunately, her credit score is only 550 and cannot get a mortgage to refinance, so she has to sell her property. The good news is property values have gone up 6% per year compounded annually. How much cash will she net out from the sale? And what is her return on the property