Question 33 6 points Save Answer You are ready to buy a house, and you have $31,000 for a down payment and closing costs Closing costs are estimated to be 4% of the loan value You have an annual satay UOVU and the bank is willing to allow your monthly mortgage payment to be equal to 28% of your monthly income. The interest rate on the loan is 6% per year with monthly compounding (0.5% per month) for a 30-year fixed rate loan. How much money will the bank loan you? (Type an integer or decimal rounded to two decimal places as needed.)