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 $7-7.($Round your intermediate and final answers to the nearest whole dollar.$)$

Monthly gross income

Other debt $($monthly payment$)$

$20-$year loan at

Down payment to be made $($percent of purchase price$)$

Monthly estimate for property taxes and insurance

$$3,000$

$$165$

$5$ percent

$10$ percent

$ $215$