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Congratulations! You are buying a new home. The negotiated price is $235,000. What is your monthly payment if you decide to assume a 30-year mortgage

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Congratulations! You are buying a new home. The negotiated price is $235,000. What is your monthly payment if you decide to assume a 30-year mortgage if: The maximum loan to value the lender is offering is 96%. The interest rate is 6.5%. 30-year amortization period. $1,580.17 $1,516.96 $1,425.95 $1,422.15

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