Onyx and their spouse are considering purchasing a larger house for their growing family. Below is a summary of their current combined income and expenses.

Combined Salary (Gross Annually)	$115,000	Monthly Mortgage Payment	$3,300
Master Card (minimum monthly payment)	$1,255	Utilities (Monthly - Heat and Electricity)	$250
Car Loan Payment (Monthly)	$450	Cable TV & Internet (Monthly)	$75
Cell-Phone Plan (Monthly)	$120	Line of Credit (minimum monthly payment)	$350
Property Tax (annual)	$4,600

Question 14 (1 point)

Saved

What is Onyx's family average monthly income? (1 mark)

Question 14 options:

	$10,417
	$9,805
	$9,583
	$10,167
	$9,948

Question 15 (2 points)

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What is their monthly shelter cost? (2 marks)

Question 15 options:

	$3,933
	$3,000
	$2,992
	$3,175
	$2,792

Question 16 (2 points)

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What is their Gross Debt Service (GDS) Ratio? (2 marks)

Question 16 options:

	29.67%
	31.65%
	41.01%
	30.48%
	32.64%

Question 17 (1 point)

Saved

Is this an acceptable GDS? (1 mark)

Question 17 options:

	None of the Others
	Yes, it is less than 10%
	No, it is less than 10%
	Yes, it is below 32%
	No, it is above 32%

Question 18 (2 points)

Saved

What are their monthly debt payments? (2 marks)

Question 18 options:

	$2,900
	$2,455
	$2,700
	$3,040
	$2,800

Question 19 (2 points)

What is their Total Debt Service (TDS) Ratio? (2 marks)

Question 19 options:

	66.66%
	55.49%
	60.77%
	56.40%
	54.84%