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Calculate the net worth of a person with the following: home $275,000; auto $16,000; savings $5,000; mortgage $180,000; auto loan $12,500; and student loan $47.000.

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Calculate the net worth of a person with the following: home $275,000; auto $16,000; savings $5,000; mortgage $180,000; auto loan $12,500; and student loan $47.000. Not enough information to calculate. $56,500 None of these $-56,500 Calculate the front-end debt-to-income (DTI) ratio of a person with a total mortgage PITI payment of $1,109 and a monthly income of $3,800. (If a homeowner has a mortgage, or is applying for a mortgage, the front-end DTI ratio is usually calculated as housing debt such as mortgage payments including Principle, Interest, Taxes, and Insurance divided by gross income.) According to FHA 2019 guidelines (http://www.fhahandbook.com/debt-ratios.phpe) when applying for a mortgage, the front-end DTI should be no more than 31%. Does this person qualify? None of these 29%, Yes O 32%, No O 27%, Yes

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