A couple wants to buy their first home. They have monthly gross pay of $5,000 per month. They also have a credit card balance of $2,000.00 and they make the minimum 5% monthly payment. They have a car payment of $305.00 per month. They have saved a down payment of $18,000 and they have saved closing costs funds of $8,000 as well. The term of the loan is 30 years and the bank is offering a rate of 4.25% Annual property taxes are approximately $2,400.00 and a homeowners insurance policy is approximately $480.00 annually Considering that the bank's lending guidelines are 28% of gross pay for a housing payment (PTI) and 36% of gross pay for all debt payments, what price should the couple pay for their home