
House Qualify Mortgage Payment
Authored by Matt Labick
Other
11th Grade
Used 4+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A couple earns $80,000 per year, or $_____ per month.
They can carry a maximum debt load of $_____ ($____ x .36 = $______)
They have a current debt of a monthly car payment of $175
They also have a tuition payment monthly for college of $455.
The couple can qualify for a $_____ mortgage payment ($_____ - $_____-_____ = $______.)
$1770
$1789
$1754
$1746
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A couple earns $120,000 per year, or $_____ per month.
They can carry a maximum debt load of $_____ ($____ x .36 = $______)
They have a current debt of a monthly car payment of $275
They also have a tuition payment monthly for college of $555.
The couple can qualify for a $_____ mortgage payment ($_____ - $_____-_____ = $______.)
$2770
$2789
$2754
$2746
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A couple earns $85,000 per year, or $_____ per month.
They can carry a maximum debt load of $_____ ($____ x .36 = $______)
They have a current debt of a monthly car payment of $375
They also have a tuition payment monthly for college of $855.
The couple can qualify for a $_____ mortgage payment ($_____ - $_____-_____ = $______.)
$1320
$1354
$1648
$2746
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A couple earns $252,000 per year, or $_____ per month.
They can carry a maximum debt load of $_____ ($____ x .36 = $______)
They have a current debt of a monthly car payments of $875
They also have a tuition payment monthly for college of $1,255.
The couple can qualify for a $_____ mortgage payment ($_____ - $_____-_____ = $______.)
$5430
$5231
$5478
$5471
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A couple earns $175,452 per year, or $_____ per month.
They can carry a maximum debt load of $_____ ($____ x .36 = $______)
They have a current debt of a monthly car payments of $775
They also have a tuition payment monthly for college of $785.
The couple can qualify for a $_____ mortgage payment ($_____ - $_____-_____ = $______.)
$3703.56
$3540.20
$3578.32
$3796.56
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A couple earns $95,752 per year, or $_____ per month.
They can carry a maximum debt load of $_____ ($____ per month x .36 = $______)
They have a current debt of a monthly:
total car payments of $675
tuition payment monthly for college of $685.
phone bill for $123.19.
The couple can qualify for a $_____ mortgage payment.
$1389.37
$1540.20
$1378.32
$1396.56
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A couple earns $75,832 per year, or $_____ per month.
They can carry a maximum debt load of $_____ ($____ per month x .36 = $______)
They have a current debt of a monthly:
total car payments of $275
tuition payment monthly for tech school of $285.
phone bill for $90.24.
The couple can qualify for a $_____ mortgage payment.
$1624.72
$1640.20
$1578.32
$1496.56
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