You are looking to buy your first house. The cost of the house is $325,000. The bank has agreed to make a loan 10 you for 30 years at 3.15% if you can make a down payment of 700%, and the loan payments do not exceed % of your gross income Based upon this infomation

a) What is the amount the mortgage loan that the bank to you?

b)whatwill the amount of your monthly payments?

c)what must be your salary in order to be approved for this loan?

d)what is the amkinf of your gross quarterly income?