You are in the market for a home. You and your partner have saved up $305,000 for a down payment and would like to buy a home in North Vancouver. You meet with Scotiabank and they offer you a 20-year...

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Extracted text: You are in the market for a home. You and your partner have saved up $305,000 for a down payment and would like to buy a home in North Vancouver. You meet with Scotiabank and they offer you a 20-year mortgage at 3.14% p.a., compounded semiannually. Monthly payments will be $6,617.92 and at the beginning of the month. What is the maximum price you can afford for a home if you get the mortgage? For vour 180th