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Estimate the affordable monthly mortgage payment, the affordable mortgage amount, and the affordable home purchase price for the following situation. Use Exhibit 7 - 6

Estimate the affordable monthly mortgage payment, the affordable mortgage amount, and the affordable home purchase price for the following situation. Use Exhibit 7-6, Exhibit 7-7.(Do not round intermediate calculations. Round your answers to the nearest whole dollar.)
Monthly gross income $ 2,950
Other debt (monthly payment) $ 160
30-year loan at 6 percent
Down payment to be made (percent of purchase price)15 percent
Monthly estimate for property taxes and insurance $ 210
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