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  3. 1 points bob's annual income is $70,000. in the co

1 points Bob's annual income is $70,000. In the county where Bob is looking to...

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1 points Bob's annual income is $70,000. In the county where Bob is looking to buy a house, property insurance is 0.5% of house value per year and property tax is 1.5% of house value per year. Bob is likely to be able to secure a fully amortized mortgage with LTV of 85, term of 15 years, annual interest rate of interest, and monthly payments. Bob's other debt, c.g., credit cards, student loans, takes $500 off of his monthly paycheck. What is the house price that Hobis qualified for via the front ratio of 28%? Between $160,000 and $164,000 Between $164,000 and $168,000 oc Between $168,000 and 172,000 Between $172,000 and 5176,000 DE Between $176,000 and $180,000 Between $180,000 and 5184,000 Between $184,000 and 5188,000 OB OD OG

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