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you can afford a 1400$ per month mortage payment. youve found a 30 year loan at a 6% interest. you can afford a 1400 per

you can afford a 1400$ per month mortage payment. youve found a 30 year loan at a 6% interest.

you can afford a 1400 per month mortage payment. you found a 30 year loan at 6% interest.

a) how big of a loan can you afford?

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

c) how much of that money is interest?

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