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C. Suppose you inherit some money and decide to use it to pay the loan off early by paying the unpaid balance of the loan

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C. Suppose you inherit some money and decide to use it to pay the loan off early by paying the unpaid balance of the loan after having made the regularly scheduled 240h payment. Assuming there is no prepayment penalty charged, what payment will be required to pay this loan off at this time.. Amount required to pay loan off early D) How much interest will you have saved by paying the loan off early after aking the 240 payment? E. Suppose you decided to pay for this house by taking out a fifteen year 3.04% fixed rate mortgage instead of the thirty year 3.74% fixed rate mortgage. What would be your required monthly mortgage payment for this 15 year mortgage assuming you still make the same 20% down payment F.How much intere st would you have saved by taking out the fifteen year fixed rate mortgage instead of the thirty year fixed rate mortgage Interest saved G. Taking the above data into account, write a short paragraph comparing what you feel are the pros and cons of each type of mortgage

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