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02-11-2022
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92) duane wade wants to know what price home he can afford. his annual gross income is $60,000. he has no other debt expenses and expects property taxes and insurance to cost $500 per month. he knows he can get a 6%, 15-year mortgage so his mortgage payment factor is 8.43. he expects to make a 10% down payment. what is duane's affordable home purchase price? round your answer to the nearest $100.

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