You are negotiating on a home that will cost $$319,000.$ The lender is willing to lend you

$75\%$ loan to value and the interest rate is $4\mathrm{.}80\%$ over $30$ years amortized

monthly. If your monthly payment budget is $$1,200$ and you have sufficient

downpayment money, can you afford this home and related mortgage?

a$.$ Yes

b$.$ No