How expensive home mortgage can you afford

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Reference no: EM13924494

Suppose you have budgeted $ 1175 a month towards a mortgage. If you are offered a 30 year mortgage at an interest rate of 7.5%, how expensive a home mortgage can you afford?

Home price =

Reference no: EM13924494

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How expensive home mortgage can you afford : Suppose you have budgeted $ 1175 a month towards a mortgage. If you are offered a 30 year mortgage at an interest rate of 7.5%, how expensive a home mortgage can you afford?

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