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- Jim has an annual income of $250,000. - Jim is looking to buy a house with monthly property taxes of $100 and monthly homeowner's

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- Jim has an annual income of $250,000. - Jim is looking to buy a house with monthly property taxes of $100 and monthly homeowner's insurance of $125. He also has $258 in monthly student loan payments. - Mes Bank has a maximum front-end PTI limit of 28% and a maximum back-end PTI limit of 36%. Both limits must be satisfied. - Mes Bank is offering a fully amortizing 30-year FRM at an annual rate of 8.5%, with monthly payments, compounded monthly, and 80% LTV (loan-to-value ratio). Assuming Jim has the savings to pay the down payment and various fees. The highest price Jim can bid for this house is losins.os

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