Michelle Duncan wants to know her affordable home purchase price. Her annual gross income is $42,600. She has $740 per month of other debt and expects her property taxes and homeowners insurance to cost $240 per month. She knows she can get a 7.00%, 30-year mortgage so that her mortgage payment factor is $6.65. She expects to make a 25% down payment. What is Michelle's affordable home purchase price? (Round your answer to the nearest dollar amount.)