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You looking to buy your first house. The cost of the house is $325,000. The...

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You looking to buy your first house. The cost of the house is $325,000. The bank has agreed to make a loan to you for 30 years at 3.15% if you can make a down payment of 7.00%, and the loan payments do not exceed 36% of your gross monthly income. Based upon this information: What must your annual salary be in order to be approved for this loan? You looking to buy your first house. The cost of the house is $325,000. The bank has agreed to make a loan to you for 30 years at 3.15% if you can make a down payment of 7.00%, and the loan payments do not exceed 36% of your gross monthly income. Based upon this information: What must your annual salary be in order to be approved for this loan

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