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Shakeia Duncan wants to know what home price she can afford. Her annual gross income is $ 4 6 , 8 0 0 . She

Shakeia Duncan wants to know what home price she can afford. Her annual gross income is $46,800. She owes $830 per month on other debts and expects her property taxes and homeowner's insurance to cost $170 per month. She knows she can get an 5.00 percent, 30-year mortgage so her mortgage payment factor is 5.37. She expects to make a 25 percent down payment. What is Shakeia's affordable home purchase price?

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