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How much must her down payment be in order to stay in her

Carol wants to buy a home for 300 000. She has calculated that she can afford monthly payments of 1,300 for principal and interest and that she can obtain a 30 year mortgage with monthly payments at an APR of 4%. How much must her down payment be in order to stay in her affordable range?

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Finance Basics: How much must her down payment be in order to stay in her

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