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Estimate the affordable monthly mortgage payment, the affordable mortgage amount, and the affordable home purchase price for the following situation. Use Exhibit 7-6, Exhibit 7:7

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Estimate the affordable monthly mortgage payment, the affordable mortgage amount, and the affordable home purchase price for the following situation. Use Exhibit 7-6, Exhibit 7:7 (Do not round Intermediate calculations. Round final answers to two decimal places.) $3,475 Monthly groue income Other debt (monthly payment) 30-year loan at Down payment to be made (percent of purchase price Monthly antimate for property taxes and insurance 6 percent 15 percent $ 210

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