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Paul will be able to save $484 per month (which can be used for mortgage payments) for the indefinite future. If Paul finances the remaining

Paul will be able to save $484 per month (which can be used for mortgage payments) for the indefinite future. If Paul finances the remaining cost of a $135,000 home, after making a $27,000 down payment, (amount to finance $108,000) at a rate of 6% over 30 years.

what are his resulting monthly mortgage payments?

Can he afford the mortgage?

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