You'd like to know how much you can borrow from the bank using a 30 year principal and interest (P&I) home loan.

You can afford monthly payments of $7,200.

The interest rate is 2.64% pa compounding monthly which is not expected to change.

How much can you borrow now?

Select one:

a.

$2,250,000

b.

$1,795,601.1

c.

$1,789,094.6

d.

$1,537,681.76

e.

$1,416,962.92