Michelle Duncan wants to know what price home she can afford. Her annual gross income is $45,000. She owes $790 per month on other debts and expects her property taxes and homeowners insurance to cost $340 per month. She knows she can get an 10.00%, 30-year mortgage so her mortgage payment factor is 8.78. She expects to make a 20% down payment. What is Michelle's affordable home purchase price? (Round your answer to the nearest dollar amount.) Group of answer choices

$43,870

$635

$655

$41,999

$39,784