PLEASE HELP If the most you can afford for a monthly house payment is $1200, at what price should you search for a home if you p

Question

3 years ago

10

lan to finance the house at 6.8% interest for 30 years?

1 answer:

GuDViN [60] · Answer 1 · 2022-06-11T00:13:02+03:00

7 0

Answer:

Recommended Minimum Income

$68,684

To afford monthly payments of $2,175 per month, we recommend household income of $68,684 or greater.

Recommended Savings

$27,462

Minimum Down Payment $19,900

Closing Costs $7,562

Step-by-step explanation: