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Brad and Sam take a 3 0 - year mortgage for a house that costs $ 2 6 8 , 2 3 3 . Assume

Brad and Sam take a 30-year mortgage for a house that costs $268,233. Assume the following:
The annual interest rate on the mortgage is 4.4%.
The bank requires a minimum down payment of 11% of the cost of the house.
The annual property tax is 1.5% of the cost of the house.
The annual homeowner's insurance is $857.
There is no PMI.
If they make the minimum down payment, what will their monthly PITI be?

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