13 Silvias gross monthly income is 4285 She has 27 remaining

13) Silvia\'s gross monthly income is $4285. She has 27 remaining payments of $223 on a car, 4 payments of $87 on a couch and 62 payments of $127 on a student loan. What is the maximum monthly payment that she can get approved for on a home loan if the bank requires her adjustment monthly income to be 28% of her loan payment? (4 points)

Adjusted monthly income = 4285 - 223 - 87 - 127 = 3,848

adjusted monthly income = 28% of loan payment

loan = 3,848/28% = 13,742.86

$13) Silvia\'s gross monthly income is $4285. She has 27 remaining payments of $223 on a car, 4 payments of $87 on a couch and 62 payments of $127 on a student$

13 Silvias gross monthly income is 4285 She has 27 remaining

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