You want to buy a house financed with a 39-year fixed rate mortgage, the best monthly interest rate you could find is 0.4%

What is the most you can borrow if you can only afford to pay $1,200 per month?

Intro You want to buy a house financed with a 30-year fixed-rate mortgage. The best monthly interest rate you could find is 0.4%. Part 1 IB Attempt 1/2 for 10 pts. What is the most you can borrow if you can only afford to pay $1,200 per month? 0+ decimals Submit