MC Duane Miller wants to know his affordable home purchase price... Duane Miller wants to know his affordable home purchase price. His annual gross income is $58,800. He has no other debt expenses and expects property taxes and insurance to cost $410 per month. He knows he can get a 6.50%, 15-year mortgage so that his mortgage payment factor is $8.71. He expects to make a 25% down payment. What is Duane's affordable home purchase price? (Round your answer to the nearest whole dollar.)