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Calculate the monthly payment for a 30-year fixed rate mortgage of $500,000 with 6% mortgage rate and a balloon payment of $300,000 at maturity. $3023.45

Calculate the monthly payment for a 30-year fixed rate mortgage of $500,000 with 6% mortgage rate and a balloon payment of $300,000 at maturity.

$3023.45

$2789.78

$2845.32

$2699.09

none of the above

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