Mr. Johnson bought a house for $293,000. He put 20% down and obtained a fully amortized monthly loan for the balance at 5.75% interest for 30 years.

a. Find the amount of Johnson's monthly payment.

b. Find the total interest paid by Johnson.

c. Complete an amortization table for this loan.

d. BONUS: Most lenders will approve a home loan only if the total of all the borrower's monthly payments, including the home loan payment, is no more than 38% of the borrower's monthly income. How much must Chris make in order to qualify for the loan