Nancy can afford $1,275 a month in mortgage loan payments. A bank will make her a mortgage loan at 3.55% interest for 30 years with monthly payments and a 5% down payment. Nancy wants to buy a house for $300,000 Can Nancy afford to buy the house if she has the 5% down money?. No; she can only afford a house worth $285,708.97. No; she can only afford a house worth $256,262 Yes; she can afford a house worth $396,000 Yes; she can afford a house worth $300,746.28