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Ben recently paid off his school loans and is looking to buy a home- He has qualified for an APR of 5.2% and plans on making payments for the next 15 years- He anticipates he can afford a monthly payment of $660.00- How much of a mortgage can Ben afford?

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The three main similarities between mortgages and car loans are that both are: Installment loans. Types of secured loan. Have a fixed payment period


Ben recently paid off his school loans and is looking to buy a home- He has qualified for an APR of 5.2% and plans on making payments for the next 15 years- He anticipates he can afford a monthly payment of $660.00- How much of a mortgage can Ben afford?






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