Jessica and Ben met in their last year of college.They married later that year and both found jobs earning $78,640 per year between the two of them.However, they had accumulated a lot of student loans, credit card debt, and car payments, as shown.

DebtLoan/Debt BalanceInterest RateMin. Monthly Payment

Jessica student loan$12,3808%$251.02

Ben student loan$28,6009%$419.00

Credit cards$14,86015%$225.00

Jessica's car$18,2309%$453.65

Ben's car$6,35012%$298.92

In addition to the debt payments, their other monthly expenses (rent, utilities, food, auto, etc.) total $4,380.78 per month, in which $985 of that total is rent.

*The total amount of their debt payments per months is $1647.59

*The amount of spending money they have each month once all their debt payments and expenses have been paid is $524.96

Question:Assume the couple applies the extra left over at the end of each month and adds that to their monthly rent payment.This is an amount they could apply to a mortgage payment.If interest rates are 5% on 30-year fixed-rate loans, estimate the largest debt they can finance (to the nearest thousand).