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If my monthly budget is $1500, interest rates are 3% on 30 year fully amortizing mortgages, loans require a 20% down payment, and I have

If my monthly budget is $1500, interest rates are 3% on 30 year fully amortizing mortgages, loans require a 20% down payment, and I have saved $10,000 for a down payment, what price house can I afford?

(A) Between $100,000 and $540,000

(B) $50,000

(C) Between $50,000 and $355,000

(D) $100,000

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