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$7,536.85 $1,726.45 $1,660 $2,535 $3908 You are considering purchasing a new home. You will need to borrow $250,000 to purchase the home. A mortgage company
| $7,536.85 | ||
| $1,726.45 | ||
| $1,660 | ||
| $2,535 |
| $3908
You are considering purchasing a new home. You will need to borrow $250,000 to purchase the home. A mortgage company offers you a 15 year fixed rate mortgage (180 months) at 3% APR. If you borrow the money from this mortgage company, your monthly mortgage payment will be closest to:
|
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