Estimate the affordable monthly mortgage payment, the affordable mortgage amount, and the affordable home purchase price for the following situation using the Total Debt Service ratio. (Refer to Exhibit 7-7 and Exhibit 7-8) (Round time value factor to 2 decimal places, Intermedlate and final answers to the nearest dollar amounts. Omit the "\$" sign in your response.) Exhibit 7-7 Housing Affordability and Mortgage Qualification Amounts Exhibit 7-8 Mortgage Payment Factors (principal and interest factors per $1,000 of loan amount)