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Posted on Jul 28, 2024

You can afford a $1,600 monthly payment for a 6% fixed rate 30 year fully amortizing loan to buy a home with an 80% LTV,

You can afford a $1,600 monthly payment for a 6% fixed rate 30 year fully amortizing loan to buy a home with an 80% LTV, the most you can afford to pay for a house (assuming you have the down payment) is:

Im using a BA II PLus Calculator so please help me understand what I need to plug in the calculator. Thanks.

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