Y=1/2x+3;y=1 find the value of x for the given value of y

If your annual gross income is $62,000 and you have one monthly car payment of $335 and a monthly student loan payment of $225, what is the maximum house payment you can afford. consider a standard 28% front-end ratio and a 36% back-end ratio. also, to complete your calculation, the annual property tax will be $3,600 and the annual homeowner's premium will be $360.

What is the value of x in the equation 1.5x+4-3=4.5(x-2)?

Can someone tell me if these are correct?