Suppose that the maximum house payment you can afford is $1,250.20 per month. What is the maximum loan you should seek if you will finance your purchase with an 8.5% 30-year loan? Monthly cost to finance $1000 is 7.69.
monthly cost to finance $1000 is 7.69, so the maximum amount is then
Content will be erased after question is completed.
Enter the email address associated with your account, and we will email you a link to reset your password.
Forgot your password?