You wish to purchase a home and have been very successful in saving $12,000 for a down payment. You can get a 30 year mortgage at a fixed rate of 11.5%.The most you can afford is $630 / month for payment.You plan to be married soon and your partner can contribute $250/month toward the monthly payment, but nothing toward the down payment.

What's the maximum you can pay for a house?

Please use the financial calculator method to answer this question.