Question 13 (1 point) You have just signed a contract to purchase your dream house. The price is $140,000 and you have applied for a $110,000, 30-year, 4.5 percent loan. Annual property taxes are expected to be $2,100. Hazard insurance will cost $600 per year. Your car payment is $450, with 36 months left. Your monthly gross income is $4,000. Calculate the total obligations (back-end) ratio. 13.93% 19.56% 23.36% 25.18% 30.81%