Need help with these 3 problems. Please and Thank you!

Ghoul Attempt 1 Question 7 (1 point) You are looking to purchase a new home that is listed at $305.000. You intend to make an offer to buy this house at the full listed price. You have saved enough to make a 20% down payment, so the loan amount will be 80% of the purchase price You are talking to a lender about a 30-year, fixed rate, amortizing loan. The mortgage constant is 0.05389. What is the amount of your monthly debt service? Your Answer: Answer Question 8 (1 point) Show how you calculated monthly debt Question 9 point Lenders look at PITI, which is Principal Interest, Taxes and insurance. You calculated debt service Principal and interest in the previous question. Now assume that property taxes are $2.400 per year and insurance is $60 per month Based on these sumptions and the debt service amount you calculated in the previous question what is your total monthly PITI? Show your calculations below. Question 10 l por Question 101 point You have now calculated what you can afford to spend on housing in QS and what this house will really cost (PIT) in Q9. Based on these calculations, will the bank make you this loan? Why or why not? nat, what is the concern? Please explain and show the math that led you to this conclusion Question 5 (1 point) You want to buy a house and wonder what you can afford. Banks look at collateral, creditworthiness and capacity (ability to pay) when making loans. Assume you have sufficient down payment and credit score. Your bank has a requirement of 28% housing expense ratio and your gross annual income is $64,000. Based on those assumptions, how much can you afford to pay in total housing costs each month? Keep note of this amount as you will need it for reference in a later question Your Answer: Answer Gestion 6 11 point) Ghoul Attempt 1 Question 7 (1 point) You are looking to purchase a new home that is listed at $305.000. You intend to make an offer to buy this house at the full listed price. You have saved enough to make a 20% down payment, so the loan amount will be 80% of the purchase price You are talking to a lender about a 30-year, fixed rate, amortizing loan. The mortgage constant is 0.05389. What is the amount of your monthly debt service? Your Answer: Answer Question 8 (1 point) Show how you calculated monthly debt Question 9 point Lenders look at PITI, which is Principal Interest, Taxes and insurance. You calculated debt service Principal and interest in the previous question. Now assume that property taxes are $2.400 per year and insurance is $60 per month Based on these sumptions and the debt service amount you calculated in the previous question what is your total monthly PITI? Show your calculations below. Question 10 l por Question 101 point You have now calculated what you can afford to spend on housing in QS and what this house will really cost (PIT) in Q9. Based on these calculations, will the bank make you this loan? Why or why not? nat, what is the concern? Please explain and show the math that led you to this conclusion Question 5 (1 point) You want to buy a house and wonder what you can afford. Banks look at collateral, creditworthiness and capacity (ability to pay) when making loans. Assume you have sufficient down payment and credit score. Your bank has a requirement of 28% housing expense ratio and your gross annual income is $64,000. Based on those assumptions, how much can you afford to pay in total housing costs each month? Keep note of this amount as you will need it for reference in a later question Your Answer: Answer Gestion 6 11 point)