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How much house can I get for $1000 a month?

$$$: How much house can you buy for $1,000 per month? These days — with conventional mortgage rates running about 4% — a $1,000 monthly Principle & Interest (P&I) payment gets you a 30-year loan of about $210,000. Assuming a 10% downpayment, that's a $235,000 home.