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5 . Calculate the following refinancing alternatives : a . The monthly payment on a fifteen - , twenty - , or thirty - year

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5 . Calculate the following refinancing alternatives :" a . The monthly payment on a fifteen - , twenty - , or thirty - year refinance alternative , assuming closing costs are paid from available monetary assets . b . The monthly payment on a fifteen - , twenty - , or thirty - year refinance alternative , assuming closing costs are included in the new mortgage balance

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