Hello, linda14522!

They've already done the hard work for us . . .Jack says that he can afford a monthly payment of $1200.

On the basis of his credit, Jeff thinks he would qualify for a 7.5% rate.

How much could this client borrow with a 15 year loan? A 30 year loan?

I have a table to work from for the answer, but I am stuck

Here is the table . . .

. . . . . . . . . . . . . . .

On the table, look up "7.5% and 15 years" . . . We find:

Multiply by the montly payment: .

Therefore, Jack can borrow up to $129,388.25 with a 15-year loan.