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What is his affordable home purchase price

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- John's annual salary is $36000, John has no car loan, the estimate per month  tax payment is $200, the estimated insurance is $150, if he choose a 30-year loan, with 3% interest per year, and John pays 20% down payment, what is his affordable home purchase price?

- John wants to buy house , $690000. If he choose a 30-year loan, with 4% interest per year, what is his monthly payment? What is his total interest payment?

Reference no: EM132979089

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