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Question attached Suppose you take a 15-year mortgage for a house that costs $253,368. Assume the following: o The annual interest rate on the mortgage

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Suppose you take a 15-year mortgage for a house that costs $253,368. Assume the following: o The annual interest rate on the mortgage is 4.4%. o The bank requires a minimum down payment of 8% of the cost of the house. o The annual property tax is 1.9% of the cost of the house. 0 The annual homeowner's insurance is $844. 0 The monthly PMI is $55. If you make the minimum down payment, what is the minimum gross monthly salary you must earn in order to satisfy the 28% rule? Round your answer to the nearest dollar

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