5&6

Ms. Mandeville is considering to buy a house. She has $100,000 as a down payment. Following is the information about income Tax rate and Mortgage rates. She earns $90,000 per year. She needs $36,000 for basic living rate and willing earns to spend remaining portion for mortgages. What is the maximum price of a house she can afford with 30 year mortgages? Ms. Mandeville is considering to buy a house. She has $100,000 as a down payment. Following is the information about income Tax rate and Mortgage rates. She earns $90,000 per year. She needs $36,000 for basic living rate and willing earns to spend remaining portion for mortgages. What is the maximum price of a house she can afford with 30 year mortgages