Ervin and Freda are looking for a home their combined incomes total $77,000. the couple were able to negotiate a rate of 5.25% for a 5 year fixed term on a 25 year amortization. the taxes are estimated at $ 1 ,800 and heating cost are $ 1,200 their personal debt consumption is $ 725 per month. the bank's guidelines is 40% for the TDSR and 32% for the GDSR . using the TDSR guideline determines the maximum mortgage they qualify for

Referring to questions 4 and 6, what would be the amount of the mortgage at they to make the maximum mortgage payment? Select one: a. $176,028.59 b. $167,028.59 c. $125,350.37 d. $86,276.07 e. $325,280.59 Ervin and Freda are looking for a home; their combined incomes total $77,000. The couple were able to negotiate a rate of 5.25% for a 5-year fixed ferm on a 25-yeur amortization. The taxes are estimated at $1,800, and heating costs are $1.200; the personal debt consumption is $725 per month. The bank's guideline is 40% for the TOSA and 32% for the GDSR. Using the TDSR guideline, determine the maximum mortgage they qualify for Select one: a. None of the above b. $154,685.19 c. $267,094.91 d. $254,723.19 MacBook Air Referring to questions 4 and 6, what would be the amount of the mortgage at they to make the maximum mortgage payment? Select one: a. $176,028.59 b. $167,028.59 c. $125,350.37 d. $86,276.07 e. $325,280.59 Ervin and Freda are looking for a home; their combined incomes total $77,000. The couple were able to negotiate a rate of 5.25% for a 5-year fixed ferm on a 25-yeur amortization. The taxes are estimated at $1,800, and heating costs are $1.200; the personal debt consumption is $725 per month. The bank's guideline is 40% for the TOSA and 32% for the GDSR. Using the TDSR guideline, determine the maximum mortgage they qualify for Select one: a. None of the above b. $154,685.19 c. $267,094.91 d. $254,723.19 MacBook Air