Monthly mortgage budget, Suppose your monthly mortgage

Monthly mortgage budget

Reference no: EM13693924

Suppose your monthly mortgage budget is $1,650. What is the maximum price of the house that you could afford? Assume you will put 20% down payment with a 30-year fixed rate at 3.5% APR, and your annual taxes and insurance are $1,800 and $1,200 respectively?

Reference no: EM13693924

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Monthly mortgage budget : Suppose your monthly mortgage budget is $1,650. What is the maximum price of the house that you could afford? Assume you will put 20% down payment with a 30-year fixed rate at 3.5% APR, and your annual taxes and insurance are $1,800 and $1,200 respec..

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