Question 9 of 13, Step 1 of 1 5/13 Correct Suppose you want to purchase a house. Your take-home pay is $4060 per month, and you wish to stay 1 within the recommended guidelines for mortgage amounts by only spending of your take-home pay on 4 a house payment. You have $18,100 saved for a down payment and you can get an APR from your bank of 5.45 %, compounded monthly. What is the total cost of a house you could afford with a 15-year mortgage? Round your answer to the nearest cent, if necessary. Formulas Answer How to enter your answer * Keypad Keyboard Shortcuts