Question: Suppose you currently pay $ 1 3 0 0 per month in rent. If you want to stop renting and purchase a home with the

Suppose you currently pay $

1300

per month in rent. If you want to stop renting and purchase a home with the same monthly payments as you pay in rent now, how much money can you borrow from the bank for a

15 -

year mortgage at

6 % ?

Suppose you currently pay $1300 per month in rent. If you

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