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busini Jos and Rosa are looking for a home. Their combined gross annual income is $78,000. The best mortgage rate offered by their bank is
busini Jos and Rosa are looking for a home. Their combined gross annual income is $78,000. The best mortgage rate offered by their bank is 3.02 percent 5-year fixed rate compounded semi-annually with a 20-year amortization. The annual property taxes are estimated at $2160, and the annual heating costs are $2040. Their personal debt consumption is $600 a month. The bank's guideline for TDSR is 40 percent. Based on this information, what is the maximum monthly mortgage payment they could afford? on: e purp tee you o A. $1650.00 you O B. $1798.61 tee yo O C. 51871.16 etee fue O D. $2200.00 he folle on rega
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