Jack and Jill Jolly are thinking about buying a home. Their combined monthly income is $5,000, and they have $30,000 savings in a bank. They also have existing debt that requires monthly payments of $250 for a car with 12 remaining payments, $300 for furniturewith 9 remaining payments, and $100 average monthly credit card balance. Using 30- years conventional fixed rate mortgage loan with the current interest rate of 8,5 percent, how expensive a home could they buy?