Determine the maximum30-year fixed-rate mortgage amount for which a couple could qualify if the rate is 6.37 percent. Assume they have other debt payments totaling $301 per month and a combined annual income of $56,400. Monthly escrow payments for real estate taxes andhomeowner's insurance are estimated to be $263 (Assume a 36 percent maximum of annual income for total debt and escrowpayments.)

The maximum30-year fixed-rate mortgage amount for which a couple could qualify if the rate is 6.37% is $___. (Round to the nearestdollar.)