Question: Josh and Lauren are shopping for a new home, and their favorite house would have a total monthly payment (PITI) of $17,087.76. Their gross annual

Josh and Lauren are shopping for a new home, and their favorite house would have a total monthly payment (PITI) of $17,087.76. Their gross annual income is $91,800 combined. They have one car loan of $365.57 monthly. They also pay $224.38 each month towards their student loans

Do they pass the 28% test?

Do they pass the 36% test?

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