The maximum amount she can afford to borrow for a home mortgage is: $41,100.
Home mortgage
An employees who receive gross monthly salary will get 12months paychecks per year.
Using this formula
Maximum amount= Gross monthly salary× 12 paychecks
Let plug in the formula
Maximum amount=$3,425×12 months
Maximum amount=$41,100
Inconclusionhe maximum amount she can afford to borrow for a home mortgage is: $41,100.
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