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A borrower takes out a 30-year FRM for $300,000 with an annual interest rate of 4% plus 3 discount points. All the loan closing fees

A borrower takes out a 30-year FRM for $300,000 with an annual interest rate of 4% plus 3 discount points. All the loan closing fees is $3,000 including fees to third parties. The monthly payment of t...

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