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Determine the maximum 30-year fixed-rate mortgage amount for which a couple could qualify if the rate is 4.89 percent. Assume they have other debt payments

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Determine the maximum 30-year fixed-rate mortgage amount for which a couple could qualify if the rate is 4.89 percent. Assume they have other debt payments totaling $429 per month and a combined annual income of $65,100. Monthly escrow payments for real estate taxes and homeowner's insurance are estimated to be $190. (Assume a 36 percent maximum of annual income for total debt and escrow payments.) The maximum 30 -year fixed-rate mortgage amount for which a couple could qualify if the rate is 4.89% is (Round to the nearest dollar.)

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