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A person was considering buying a house priced at $ 3 5 0 , 0 0 0 . A mortgage company claimed the interest rate

A person was considering buying a house priced at $350,000. A mortgage company claimed the interest rate for the 20-year loan is 6.25%. The company also estimated that the points and Appraisal, Credit Report, Processing, Document Preparation, Administration, Underwriting, Flood Certificate, Tax Service, Wire Transfer, and other fees would be $15,000 in total.
(Questions 57-60)
What would be the monthly payment, if the person decided to borrow 80% of the cost of the house and 100% of the processing fees?
Group of answer choices
None of them
$2,186.99
$2,156.24
$2,046.60
$2,667.89

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