You can afford a $1200 per month mortgage payment. You've found a 30 year loan at 5.3% interest.

a.) How big of a loan you can afford?

b.) How much total money will you pay the loan company?

c.) How much of that money is interest?

You can afford a $1200 per month mortgage payment. You've found a 30 year loan at 5.3% interest. a) How big of a loan can you afford? (Round to the nearest cent, as needed.) b) How much total money will you pay the loan company? (Round to the nearest cent, as needed.) c) How much of that money is interest? (Round to the nearest cent, as needed.)