Monthly Payment per $1000 of Mortgage The Govonis' monthly income is $9000. They have 14 remaining payments of $269 on a new car and 16 payments of $70 remaining on their living room furniture. The taxes and insurance on the house are $150 per month. The Govonis want a 25-year, $262,000 mortgage. Do they qualify for this mortgage with a 10% interest rate? Select one: a. No b. Yes