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Mathematics, 01.04.2021 19:40 maribelmartine8919

I have a question how exactly would I solve this A couple found a house selling for ​$112 comma 500
.
The taxes on the house are ​$1200

per​ year, and insurance is ​$320

per year. They are requesting a conventional loan from the local bank. The bank is currently requiring a​ 15% down payment and 3​ points, and the interest rate is​ 10%. The ​ couple's gross monthly income is ​$4950
.
They have more than 10 monthly payments remaining on a​ car, a​ boat, and furniture. The total monthly payments for these items is ​$430
.
Their bank will approve a loan that has a total monthly mortgage payment of​ principal, interest, property​ taxes, and​ homeowners' insurance that is less than or equal to​ 28% of their adjusted monthly income. Complete parts ​a) through ​g) below.

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