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Estimate the affordable monthly mortgage payment, the affordable mortgage amount, and the affordable home purchase price for the following situation. Use exhibit 7-6, exhibit 7-7. (do not round intermediate calculations. Round your answers to the nearest whole dollar. ) monthly gross income $ 2,950 other debt (monthly payment) $ 160 30-year loan at 6 percent down payment to be made (percent of purchase price) 15 percent monthly estimate for property taxes and insurance $ 210.

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