CARLIN:
β Has been renting a two-bedroom apartment with her husband and 3 kids; wants to move into a three-bedroom home instead
β Took her five years, but she has saved $20,000 for a down payment
β Homes in her small town are typically selling for $75,000 to $95,000
β Is preapproved for a 3.89% interest rate on a 30-year fixed mortgage
β Needs her monthly payment to be less than $400
Rounded to the nearest $500, whatβs 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:
β Has been renting a two-bedroom apartment with her husband and 3 kids; wants to move into...
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