please help!

Can Abigail and Alexander Afford This Home Using the Installment Debt Loan Criterion? Next week, your friends Abigail and Alexander want to apply to the Third Universal Bank for a mortgage loan- They are considering the purchase of a home that is expected to cost $215,000. Given your knowledge of personal finance, they've asked for your help in completing the Home Affordability Worksheet that follows. (Note: When completing the form, round each dollar amount to the nearest whole dollar.) To assist in the preparation of the worksheet, Abigail and Alexander also collected the following information: - Their finandal records report a combined gross before-tax annual income of $145,000 and current (pre-mortgage) installment foan, crebit card, and car loan debt of \$2,115 per month. - Their property taxes and homeowner's insurance policy are expected to cost $2,150 per vear. - Their best estimate of the interest rate on their mortgage is 7.5%%4 and they are interested in obtalning a 15year loan. - They have accumulated savings of 550,500 that can be used to satisf the homes down payment and closing costs. - The lender requlres a minimem 20% down payment, and instaliment loan affordabllity ratios that range from a minimum of 33% to a fuaximum of 36%. A table of monthly payments (necessary to repay a $10,000 loan) follows. Note: Unless labeled differently, all of the following values represent dollar amounts. Aso, some values calculated or used in the upper section of the table may also be used in the lower section. Remember to round esch dollar anount to the nearest whole dollar. Hiven these resuits, which statement regarding Ablpail and Alexander's mortoage qualification process and their purchase of their 3215,000 target bme is true? Ablaail and Alexander do not quality to purchase their $215,000 target home according to the fnstalment Debt Affordability Worksheet criterion. Abigat and Mexander qualify to purchase theit $215,000 target horne according to the instaliment Debt Affordabilty Worksheer criterien