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Strike441
18 days ago
3

Michelle Duncan wants to know what price home she can afford. Her annual gross income is $52,200. She owes $760 per month on oth

er debts and expects her property taxes and homeowners insurance to cost $250 per month. She knows she can get an 6.00%, 30-year mortgage so her mortgage payment factor is 6.00. She expects to make a 20% down payment. What is Michelle's affordable home purchase price?
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