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What is the difference in price between what you can afford

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You and your spouse have a $2,000 per month that you can dedicate to a house payment. (Principal + Interest). Assuming that this is a "no money down" mortgage, and a 20 year loan, what is the difference in price between what you can afford to buy with a 4% interest rate and a 6% interest rate?

Reference no: EM131802237

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