Hector and Maria have been married for almost one year now and are thinking about buying a house. Maria is an executive for a large, multi- national corporation with offices around the world. She has been told by her company that she will be transferred to a new location every three years. Hector is a car salesman and he is willing to move to wherever Maria gets transferred. Together they make 58,000 in gross monthly income and pay 40% in taxes and withholdings every month. Between them they have monthly payment of $400 in student loans und S700 in car loans, and their credit cards payments average S450 per month. They currently lease a luxury condo for 51.400 per month. They travel to Cancun every Christmas. Since they both work a lot of hours, they eat out at restaurants for most meals. They currently have nothing in savings but Hector's grandparents have said they will give them a 20% down payment for the new home. They have found a very nice town house available for $300,000. Assuming a 20% down payment and a 30-year fixed rate mortgage at 5.50%. what will their PITI be? Annual property taxes are $2,800, the power bill is $1,500 per year and homeowner's insurance premium is $1,000 per year. $1,362.69 $1.804.35 S1.679.35 $1,558.93