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You want to buy a house that costs $447,735, but all you can afford to pay on a bi-weekly mortgage for the house is $4,088.42

You want to buy a house that costs $447,735, but all you can afford to pay on a bi-weekly mortgage for the house is $4,088.42 every two weeks over 5 years. The bank quoted you are mortgage rate of 8.1%. How much can you actually afford to borrow?

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