You can afford monthly payments of $700. If curent mortgage rates are 3.65% for a 30-year fixed rate loan, how much can you afford to borrow? f you are required to make a 10% down payment and you have the cash on hand to do R. how expensive a home can you afford? (Hint You will need to solve the loan payment formula for P.) How much can you afford to borrow? S(Round to the nearest dollar as needed ) How expensive a home can you afford? S(Round to the nearest dollar as needed )

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