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1. The Chicago Sun-Times reported that the average price of both new and existing houses has increased. San Francisco tops the list at $295,500. 20%

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1. The Chicago Sun-Times reported that the average price of both new and existing houses has increased. San Francisco tops the list at $295,500. 20% down, 821% interest, and a 30-year fixed-rate mortgage. a). What would be the monthly payments in each city? is offering 15-year fixed loans at 61/2%. a). What is the most Jesse can pay for a home? b). Based on what he can afford, what would be Jesse's monthly payments

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