estimate the affordable monthly morgage , the affordable amount and the affordable home purchase price for the following situation using the total debt service ratio. (round time value factor to a 2 decimal place)

Estimate the affordable monthly mortgage payment, the affordable mortgage amount, and th following situation using the Total Debt Service ratio. (Refer to Exhibit 7-7 and Exhibit 7-8) (Ra places, intermediate and final answers to the nearest dollar amounts. Omit the "$" sign in Monthly gross income Down payment to be made (percent of purchase price) Other debt (monthly payment) Monthly estimate for property taxes and insurance 25-year loan at $2,500 15 percent $ 140 $ 190 8.0 percent Affordable monthly mortgage payment Affordable mortgage amount Affordable home purchase price $ $ $ Estimate the affordable monthly mortgage payment, the affordable mortgage amount, and th following situation using the Total Debt Service ratio. (Refer to Exhibit 7-7 and Exhibit 7-8) (Ra places, intermediate and final answers to the nearest dollar amounts. Omit the "$" sign in Monthly gross income Down payment to be made (percent of purchase price) Other debt (monthly payment) Monthly estimate for property taxes and insurance 25-year loan at $2,500 15 percent $ 140 $ 190 8.0 percent Affordable monthly mortgage payment Affordable mortgage amount Affordable home purchase price $ $ $