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You and your spouse want to buy a house. You feel that you can make monthly payments of $3,700. The bank is offering a loan
You and your spouse want to buy a house. You feel that you can make monthly payments of $3,700. The bank is offering a loan rate of 4.15% for monthly payments over 20 years. Estimate what you can afford to spend on a home. [Present the answer rounded to the nearest dollar, e.g. 359462]
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