Question: 1. Jerry Corless' monthly principal plus interest payment is $2,665.45 and his annual homeowner's insurance premium is $1,320. His annual real estate taxes total $1,325. Find his PITI payment
2. Find the loan-to-value ratio for a home appraised at $135,230 that the buyer will purchase for $135,000. The buyer plans to make a down payment of $25,000