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Lauren is looking for a house and thought she can make $930 monthly payment and at least 15% down payment. She hopes to get approved

Lauren is looking for a house and thought she can make $930 monthly payment and at least 15% down payment. She hopes to get approved on a 5.88% APR, 30-year mortgage for the remaining. What is the price of the house she can afford now?

$157,132

$184,861

$180,701

$238,211

The Croods family bought their $340,000 house 12 years ago with 5.28% APR on 30-year mortgage. Now they want to refinance to take advantage of low interest rates. They got an offer for 3.72% APR on a 30-year mortgage. How much can they save on their monthly mortgage payments?

$315

$139

$158

$212

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