You want to buy a new house. You can afford to pay $15,000 per year for 30 years with the first payment being due one year from today. If the interest rate on your loan is 3%, what price of home can...

You want to buy a new house.  You can afford to pay $15,000 per year for 30 years with the first payment being due one year from today.  If the interest rate on your loan is 3%, what price of home can you buy today?

Enter your answer as a number rounded to 2 decimal places.