Duane Miller wants to know what price home he can afford. His annual gross income is $58,800. He has no other debt expenses and expects property taxes and insurance to cost $370 per month. He knows he can get a 6.50%, 15 year mortgage so his mortgage payment factor is 8.71. He expects to make a 15% down payment. What is Duane's affordable home purchase price? (Round your answer to the nearest whole dollar.) Multiple Choice $189.306 $168.434 $216790 $147,848 $117570