3.5 pts Question 20 Assume monthly Principal and interest on a mortgage loan is$635 monthly Tax and insurance payments is $125; monthly student loan payment is $350: borrower gross monthly income is $2.500. Assuming that the maximum back-end ratio used in underwriting mortgage is 36%, what is the mascimum loan amount this borrower can borrow? Assume the current interest is 7%, 30-year loan 56223753 563880.72 56021056 561220:49