Calculations for

1)The home she finds has 70 Effective Property Tax Mills and Homeowner's Insurance Costs $50 per month on every $100,000 of Home Value.How much can the woman pay for the home?How large of a mortgage will the bank allow her take out? How much can the man pay for the home?How large of a mortgage will the bank allow him take out?

2)A man is looking to purchase a home in the Cleveland Suburbs.He has enough for a 20% down payment and an income of $70,000 per year.His FICO Score is 660.The prime Interest Rate for 30-year Mortgages is 5%. He has a car payment of $400 per month and a Student Loan Payment of $200 per month.The home he finds has 70 Effective Property Tax Mills and Homeowner's Insurance Costs $50 per month on every $100,000 of Home Value.How much can the man pay for the home?How large of a mortgage will the bank allow him take out?

3)Another woman is looking to purchase her primary home in the Cleveland Suburbs.She has enough for a 20% down payment and an income of $40,000 per year.However, her FICO Score is 660.The prime Interest Rate for 30-year Mortgages is 4.75%.She has a car payment of $400 per month and a Student Loan Payment of $200 per month.The home she finds has 70 Effective Property Tax Mills and Homeowner's Insurance Costs $50 per month on every $100,000 of Home Value.How much can the woman pay for the home?How large of a mortgage will the bank allow her take out?

4)A woman is looking to purchase her primary home in the Cleveland Suburbs.She has enough for a 20% down payment and an income of $70,000 per year.Her FICO Score is 750.The prime Interest Rate at her bank for 30-year Mortgages is 4.25%.She has a car payment of $400 per month and a Student Loan Payment of $200 per month.The home she finds has 70 Effective Property Tax Mills and Homeowner's Insurance Costs $50 per month on every $100,000 of Home Value.How much can the woman pay for the home?How large of a mortgage will the bank allow her take out?