you were approved for a 3 0 - year fixed rate mortgage with a rate of 7

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Question:

you were approved for a

30 -

year fixed rate mortgage with a rate of

7 %,

then how much mortgage loan could you afford

(

the amount the bank loans you for the house

)

if we assume no deposit is put down for the house

Posted Date: May 18, 2024 10:16 PM

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you were approved for a 3 0 - year fixed rate mortgage with a rate of 7

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