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When you graduate from colega. you apply for and are offered a job that payo $1,700 per month. You have a student Joan debt of

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When you graduate from colega. you apply for and are offered a job that payo $1,700 per month. You have a student Joan debt of $13,000 with a 5% interest rate Answer parts a) through e) below. What should your maximum rent be to keep your Front-End DTI Ratio no higher than 2737 Round to the nearest dollar as needed) b) What should your maximum tudent toun payment be to maintain a 98% Back-End OTI Ratio? Round to the newest dolar as needed.) c) Uw wchnology to determine how long it will take to pay of the loan uning the payment from partu) month Pound to the nearest whole number as needed 4) You want to pay of the san in a more reasonable amount of time, 72 months. Use technology so determine the amount that the loan payment mettre to be to meet this gaat. Round to the notre dotar o cond) ell you increase the oan payment to the amount calculated in part ay, what minimum income level do you need to marntain your present intertyle and make sure that your Back-End Ori rato is at 38L? Astute your rent is the mount calculated in partai Round to the nearest ootar as record When you graduate from colega. you apply for and are offered a job that payo $1,700 per month. You have a student Joan debt of $13,000 with a 5% interest rate Answer parts a) through e) below. What should your maximum rent be to keep your Front-End DTI Ratio no higher than 2737 Round to the nearest dollar as needed) b) What should your maximum tudent toun payment be to maintain a 98% Back-End OTI Ratio? Round to the newest dolar as needed.) c) Uw wchnology to determine how long it will take to pay of the loan uning the payment from partu) month Pound to the nearest whole number as needed 4) You want to pay of the san in a more reasonable amount of time, 72 months. Use technology so determine the amount that the loan payment mettre to be to meet this gaat. Round to the notre dotar o cond) ell you increase the oan payment to the amount calculated in part ay, what minimum income level do you need to marntain your present intertyle and make sure that your Back-End Ori rato is at 38L? Astute your rent is the mount calculated in partai Round to the nearest ootar as record

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