Business, 26.01.2022 16:50 Pbaer4861

CARLIN: ● Has been renting a two-bedroom apartment with her husband and 3 kids; wants to move into a three-bedroom home instead
● Took her five years, but she has saved $20,000 for a down payment
● Homes in her small town are typically selling for $75,000 to $95,000
● Is preapproved for a 3.89% interest rate on a 30-year fixed mortgage
● Needs her monthly payment to be less than $400

Rounded to the nearest $500, what’s the most expensive house Carlin could buy?

$95,500 - 100,000

$79,500-80,000

$70,050- 74,000

Answers: 2

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CARLIN: ● Has been renting a two-bedroom apartment with her husband and 3 kids; wants to move into...

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