Determine the maximum 30-year fixed-rate mortgage amount for which a couple could qualify if the rate is 5.36 percent. Assume they have other debt payments totaling $50900 per month and a combined annual income of $232 Monthly escrow payments for real estate taxes and homeowner's insurance are estimated to be $. (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 % is