You are a conservative buyer and you want to get a quick assessment of how much home you can "safely" buy and are going to use the 28/36 rule to make that assessment. You earn $70,000 per year gross, your credit card payments total $300 per month and your car payment is $275 per month. You have no other fixed obligations. The going rate for a 30-year fixed mortgage is 3.25% assuming you pay up to $2,000 in mortgage costs (which you will pay with cash). You also have enough saved in the bank to put 20% down on the home. If homeowner's insurance and property taxes have annual total costs equal estimated to be $3,300, what is the total value of the home that you can buy considering the information given above and applying the 28/36 rule.