Alice is 28, has been working full time for five years and wants to buy a condo Her cash flow is presented below The total projected heat, property tax, and 50% strata fees are $250 a month Assume max GDSR is 30% and TDSR is 4096 The qualifying mortgage rate is 4% compounded semi-annually with 25 years amortization Cash Flow Gross monthly income 3,000 Net monthly income 2,400 Expenses: Rent Groceries/Food Car loan payment Misc. living expenses RRSP savings TFSA savings 600 400 200 700 100 300 Net cash flow 100 GDSR = 0.3 = (property tax + heat + 50% strata fees + mtg payment) / gross monthly income TDSR = 0.4 = (property tax + heat + 50% strata fees + debt payments + mtg payment) / gross monthly income Answer in the spaces below. Round all answers to the nearest whole number. Do NOT input any $, commas, or decimals. The monthly mortgage payment according to GDSR is The monthly mortgage payment according to TDSR is The maximum mortgage amount she can qualify for is The maximum condo purchase price she can afford based on 20% down payment is