A lender requires a 70% loan-to-value (LTV) ratio and a debt-service-coverage (DSC) of 1.4. The property has NOI of $1.4 million and a cap rate of 8%. At a 7% interest rate on a 30-year fully amortizing mortgage with monthly payments, calculate the maximum loan amount on this property. Please show exactly what to put into a financial calculator when solving for present value on the DSC part. (i.e. pmt=? pv=? fv=? I=? n=?). thank you