How big of a loan can you afford how much total money will


You can afford a $1500 per month mortgage payment. You've found a 30 year loan at 6% interest.

a) How big of a loan can you afford?

$

b) How much total money will you pay the loan company?

$

c) How much of that money is interest?

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Financial Management: How big of a loan can you afford how much total money will
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