What is the amount to pay for the house


If you want to purchase a factory. You have $50,000 to put down. All you can afford is $1500.00 per month and you do not want to finance for more than 15 years @ 6.5%, (your taxes will be $185.00 per month and insurance $600.00 a month), what is the amount you can pay for the house?

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Finance Basics: What is the amount to pay for the house
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