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If you paid 1 , 2 7 1 . 2 1 monthly and you were approved for a 3 0 - year fixed rate mortgage

If you paid 1,271.21 monthly and you were approved for a 30-year fixed rate mortgage with a rate of 7%, then how much mortgage loan could you afford (the amount the bank loans you for the house) if we assume no deposit is put down for the house

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