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What is the amount you can pay for your home

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Question - If you want to purchase a home. You have $25,000 to put down. All you can afford is $1750.00 per month and you do not want to finance for more than 15 years @ 4.5%. Your taxes will be $85.00 per month and insurance $60.00 a month. What is the amount you can pay for your home?

Reference no: EM133007108

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