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A house price of $ 1 0 0 , 0 0 0 can be financed with two loans below with monthly payments. The total origination
A house price of $ can be financed with two loans below with monthly payments. The total origination cost associated with these two loans is $ Which type of mortgage can potentially solve borrowers default risk when home price drops significantly? How much of the loan balance at the end of th month represents the interest portion?
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