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Your best friend wants to buy a house and needs your help figuring out her loan amount. She tells you she can secure a 30-year
Your best friend wants to buy a house and needs your help figuring out her loan amount.
She tells you she can secure a 30-year loan with a fixed rate of 4.250%
Based on her income, she can afford a maximum monthly payment of $2,600 (principal & interest)
What maximum size loan can she obtain
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