Holly is planning to buy a house. The current interest rate for a 5 year fixed mortgage is 2.5% She earns $98,000 per year. Property taxes are estimated at $2400 per year, electricity is estimated at $80 per month, and heating is estimated at $120 per month. What is the maximum mortgage she would qualify for when the stress test is applied? What would her mortgage payment be at a rate of 2.5% for a 25 year amortization?