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Compute the face value of a 30 years fixed rate mortgage with a monthly payment of 1200, assuming a nominal interest rate of 6%. Compute

Compute the face value of a 30 years fixed rate mortgage with a monthly payment of 1200, assuming a nominal interest rate of 6%. Compute the face value if the interest rate is now 7%. what is the difference in maximum house price if both mortgages requires 5% down?

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