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What is the maximum house price you can afford to buy

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Reference no: EM132383967

You want to purchase a house: your maximum monthly payment is $1,600, and you also have a saving of $35,000 as the down payment. You apply for a 30-year fixed mortgage loan with APR 4.49%. What is the maximum house price you can afford to buy?

Reference no: EM132383967

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