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1)What is the Monthly Mortgage Payment on a $125,000 Home with an 80% LTV with a 5% Interest Rate, 30-Year Fixed Rate Mortgage (Constant Payment
1)What is the Monthly Mortgage Payment on a $125,000 Home with an 80% LTV with a 5% Interest Rate, 30-Year Fixed Rate Mortgage (Constant Payment Mortgage)?
2)What is the Monthly Mortgage Payment on a $125,000 Home with an 80% LTV with a 6% Interest Rate, 30-Year Fixed Rate Mortgage (Constant Payment Mortgage)?
3)How much more with the person with the mortgage in question #8 pay over the person with the mortgage in question #7 if neither of the borrowers refinance over the course of the 30-Year term?
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