*urgent

You want to buy a home, and you have $24000 available to cover the down payment and closing costs. Based on your household budget, you estimate that you can afford to allocate $1200 per month to housing costs. Your real estate agent has given you the following estimates for the monthly nonfinancing costs of home ownership: property taxes, $200 homeowner's insurance, $75; repairs and maintenance, $50. Your lender has provided an estimate of $1500 for closing costs. What is the maximum you can afford to pay for a home, assuming current mortgage rates are 6 percent? You may want to use Excel Worksheet 6.6 in solving this problem. O $171443 O $169943 O $145943 $168443