You have a gross annual income of $175,000 and have been pre-approved for a 30-year mortgage loan at 3.375% as long as the back-end ratio does not exceed 36%. The house you want to buy costs $560,000, and you plan to make a down payment of 20%. Your monthly payment would be $1980.59. Your research shows that the semi-annual property taxes for this house are $3,450. You have been given a quote from your insurance company of a $1,290 annual premium. You currently have a $579 monthly car payment and your monthly credit card bills average $2,000.