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You can afford $800 per month as a house payment. If you can get a home loan at 8.9% interest for 15 years (paid monthly),
You can afford $800 per month as a house payment. If you can get a home loan at 8.9% interest for 15 years (paid monthly), how expensive of a home can you afford?
In other words, what amount loan can you pay off with $800 per month for 15 years?
Round your answer to two decimal places. Do not include the $ sign in your answer.
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