Joe earns $39,000 per year, and he's paid monthly. Lauren earns $52,800 per year, and she's paid monthly. Joe and Lauren owe $34,000 on their student loans at an interest rate of 5%. The term is 20 years. Joe and Lauren borrowed $19,850 to buy a new Honda Civic. They obtained a 5-year car loan with an interest rate of 4%. Joe and Lauren have decided to buy a house for $279,000. They will make a 20% down payment, and they expect to be approved for a 30-year mortgage with an interest rate of 3.75%. Do Joe and Lauren pass the 28% and 36% tests to qualify for a mortgage? Show all of your calculations to justify your answers.