student help.

Good Luck.

Question $27$

$3\mathrm{.}3pts$

$$550,000$ house at $3\%$ interest, $30$ year loan, assume $2\mathrm{.}20\%$ property tax, average home insurance at $$1000$ per year. Assume the LTV is $80\%.$ You have $$850$ per month student loan, no other long$-$term loan, your income is $$90,000$ per year.

What is the front$-$end ratio?

$35\mathrm{.}6\%$

$39\mathrm{.}3\%$

$36\mathrm{.}2\%$

$37\mathrm{.}2\%$