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Given that lack Stone has the following income down payment and (expected) expenses/debt commitments, calculate the monthly total mortgage principal and interest (PO) payment he
Given that lack Stone has the following income down payment and (expected) expenses/debt commitments, calculate the monthly total mortgage principal and interest (PO) payment he can make using the TDS and GDS methods. and determine the total affordable home price in his situation using the Mortgage Payment Factors table provided below Annual Salary 69.000.00 Car loan pit per month 275.00 Credit cards monthly min payment 180.00 Estimated Property Tues 250.00 Estimated Heating costs Down payment 20% Desired amortization period 20 years 220.00 Mortgage payment factor principal and interest payment per 1000 of loan amount Number of Rate 2.50% 2.75% 3.00% 3.2590 3.50% 3.75% 400% 4.25% 4.50% 4.75 5.00% 25 $4.50 54.62 $4,74 $487 $5.00 35.12 55.26 5539 55.59 $5.73 55.87 Number of Years 20 15 $5.31 $6.68 $5:43 56.79 $5.55 $6.91 5567 $7.02 $5.79 57.14 5591 $7.26 $6.04 $7.33 56:17 $7.50 5636 $6.49 57.80 5662 5793 Choose PL based on TOS Dbased on 05 Choose Choo House he can afford w/ 25% interest rate TOSI Hohenford w/ 1.75 interest tabe (TOS Given that lack Stone has the following income down payment and (expected) expenses/debt commitments, calculate the monthly total mortgage principal and interest (PO) payment he can make using the TDS and GDS methods. and determine the total affordable home price in his situation using the Mortgage Payment Factors table provided below Annual Salary 69.000.00 Car loan pit per month 275.00 Credit cards monthly min payment 180.00 Estimated Property Tues 250.00 Estimated Heating costs Down payment 20% Desired amortization period 20 years 220.00 Mortgage payment factor principal and interest payment per 1000 of loan amount Number of Rate 2.50% 2.75% 3.00% 3.2590 3.50% 3.75% 400% 4.25% 4.50% 4.75 5.00% 25 $4.50 54.62 $4,74 $487 $5.00 35.12 55.26 5539 55.59 $5.73 55.87 Number of Years 20 15 $5.31 $6.68 $5:43 56.79 $5.55 $6.91 5567 $7.02 $5.79 57.14 5591 $7.26 $6.04 $7.33 56:17 $7.50 5636 $6.49 57.80 5662 5793 Choose PL based on TOS Dbased on 05 Choose Choo House he can afford w/ 25% interest rate TOSI Hohenford w/ 1.75 interest tabe (TOS
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