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Posted on Aug 19, 2024

If you can afford a $4000 monthly mortgage payment, how expensive of a house can you afford if the interest rate is 7% (compounded monthly)

If you can afford a $4000 monthly mortgage payment, how expensive of a house can you afford if the interest rate is 7% (compounded monthly) on 360-month loans and if you can make a 20% down payment?

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