Assume your monthly income is $4,500 and you have recurring debts of $500 per month. Property tax
Fantastic news! We've Found the answer you've been seeking!
Question:
- Assume your monthly income is $4,500 and you have recurring debts of $500 per month. Property tax and insurance are estimated at $320 per month. If you want to buy a house by making 20% down payment and the interest rate on a 30 year mortgage is 6%, what is the value of the home you can afford? Show all steps clearly and solve.
Related Book For
Posted Date: