Mortgage Affordability. Paul will be able to save $$519$ per month $($which can be used for mortgage payments$)$ for

the indefinite future. If Paul finances the remaining cost of a $$128,000$ home, after making a $$25,600$ down payment,

$($amount to finance $$102,400)$ at a rate of $5\%$ over $30$ years, what are his resulting monthly mortgage payments? Can

he afford the mortgage?

Paul's resulting monthly mortgage payment is $

$($Use your financial calculator and round to the nearest cent.$)$