Mr and Mrs Monash intend to buy a 3-bedroom house in Caulfield to live in. They intend to spend $1,640,000 Mr & Mrs Monash want an LVR of 90% = $1,476,000 Today, Mr and Mrs Monash have $2,500 of disposable income to service their debt at each loan repayment period. Assuming Mr and Mrs Monash's income changes by the current rate of annual inflation, will they be able to afford the periodic loan repayment needed for the loan? If not, by what nominal annual percentage will they have to grow their disposable income available to service the loan in the future when they buy their house? If their future income is greater than the loan repayment required, by what percentage is their income greater than the loan payment required? Mr and Mrs Monash intend to buy a 3-bedroom house in Caulfield to live in. They intend to spend $1,640,000 Mr & Mrs Monash want an LVR of 90% = $1,476,000 Today, Mr and Mrs Monash have $2,500 of disposable income to service their debt at each loan repayment period. Assuming Mr and Mrs Monash's income changes by the current rate of annual inflation, will they be able to afford the periodic loan repayment needed for the loan? If not, by what nominal annual percentage will they have to grow their disposable income available to service the loan in the future when they buy their house? If their future income is greater than the loan repayment required, by what percentage is their income greater than the loan payment required