How much can you afford to borrow You can afford monthly payments of 500 If current mortgage rates are 3 03 for a 15 year fixed

Question

How much can you afford to borrow You can afford monthly payments of 500 If current mortgage rates are 3 03 for a 15 year fixed rate loan how much can you afford to borrow If you are required to make a 10 DU down payment and you have the cash on hand to do it how expensive a home can you afford Hint You will need to solve the loan payment formula for P Round to the nearest dollar as needed Points 0 of 1 BEUR Save

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