This morning's loan appointment brought in Mary Smith. She wants to purchase a used car. She has enough to put 10% down which is allowed by your loan policy. She will borrow $15,000 @ 4% over 48 months. Her characteristics are as follows:

One year on the job as a dental assistant earning $40,000 a year.

Her previous employment was working at Wal Mart for three years while at dental school.

Her credit score is 665. She had a blemish with a medical payment a couple of years ago that brought the score down a bit.

She has one school loan for $12,300 which requires a monthly payment of $122 a month.

She also has three charge cards. She owes a total of $7,200 and the minimum payment combined is $170.00 a month.

Her rent at her residence is $650 a month. She has lived there for 2.5 years.

Calculate her HTI and DTI and give your recommendation on this loan.