The Adeeva s gross monthly income is 3800 They have 18 remaining payments of 280 on a new car They are applying for a 30 year 70

Question

The Adeeva s gross monthly income is 3800 They have 18 remaining payments of 280 on a new car They are applying for a 30 year 70 000 mortgage at 6 5 The taxes and insurance on the house are 410 per month The bank will only 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 a Determine 28 of the Adeeva s adjusted monthly income 985 60 Round to the nearest cent b Determine the Adeeva s total monthly mortgage payment including principal interest taxes and homeowners insurance Round to the nearest cent Rate Monthly Principal and Interest Payment per 1000 of Mortgage 998283828 4 0 45 5 0 5 5 60 65 7 0 1 5 CITE 8 0 8 5 90 10 10 12451 10 36384 10 60655 10 85263 11 10205 11 35480 11 61085 11 87018 12 13276 12 39857 12 66758 15 7 39688 7 64993 7 90794 8 17083 8 43857 8 71107 w 8 98828 stary 9 27012 9 55652 9 84740 1014267 20 6 05980 633649 6 59956 6 87887 7 16431 745573 7 75299 8 05593 836440 867823 899726 25 5 27837 5 55832 553 32 5 84590 BANDA 614087 644301 OFFICI 6 75317 sam 7 06779 738991 7 71816 805227 8 39196 30 4 77415 506685 536822 C 5 67789 5 99551 632068 c a 665302 699215 7 33765 768913 804623 X

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