West Los Angeles College Affordable Housing Discussion
Question Description
The recent mortgage meltdown and escalating home prices have put buying a home beyond the reach of many potential homeowners. Use the Internet to locate a home in a city that you could afford with your current income. Assume you have 10% to put down on the home and your payments cannot exceed 39% of your family income. Provide a link to the home for sale. Show your calculations for your monthly payments.
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