ial offer of Ch. 7: Auto and Home Loans 2 You are ready to purchase your first home. Your annual salary is $54,000. You have been able to save $19,000 for a down payment, and the only debt you currently owe are your student loan with a payment of $190 a month and your car payment of $390 a month. a. Given your current situation, how much can you afford for a house payment? 7 points eBook References Maximum monthly house payment /month Maximum monthly house payment Saved b. If you no longer have a car payment, what monthly mortgage payment could you qualify for, given your outstanding credit history? /month

You are ready to purchase your fast home Your annual salary is $54,000 You have been able to save $19,000 for a down payment. and the only debt you curtently owe are your student loan with a poyment of $190 a month and your car payment of $390 a month a. Given your current situation, how much can you afford for a house poyment? b. If you no longet have a car poyment, whot monthly mortgoge payment could you qualify for, grven your outstanding credit history? You are ready to purchase your fast home Your annual salary is $54,000 You have been able to save $19,000 for a down payment. and the only debt you curtently owe are your student loan with a poyment of $190 a month and your car payment of $390 a month a. Given your current situation, how much can you afford for a house poyment? b. If you no longet have a car poyment, whot monthly mortgoge payment could you qualify for, grven your outstanding credit history