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A home that is priced at $247,000 is purchased using a 30 -year loan with an LTV of 73%. What is the balance of the

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A home that is priced at $247,000 is purchased using a 30 -year loan with an LTV of 73%. What is the balance of the loan at the time of purchase? Question 10 Assume you borrowed $432,000 with a 20 -year amortization. The interest rate is 4.25%. If you have made the required payments for the first 46 months, how much do you still owe on the loan (i.e. what is the remaining principal balance)

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