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enu Find the following for a $200,000 fixed-rate mortgage and the given information. a) Monthly mortgage payment (principal and interest) b) Monthly house payment (including

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enu Find the following for a $200,000 fixed-rate mortgage and the given information. a) Monthly mortgage payment (principal and interest) b) Monthly house payment (including property taxes and insurance) c) Initial monthly interest d) Income tax deductible portion of initial house payment e) Net initial monthly cost for the home (considering tax savings) 1107 ments Term of Interest Annual Property Annual owner's Income Mortgage Rate ions 7.1-7 tions 7.4-7 apter 7 Grad (Round to the nearest dollar as needed.) Tax 1020 $516 Insurance Tax Bracket 20 years 5% a) The monthly mortgage payment is s b) The monthly house payment is 40% cussion (Round to the nearest dollar as needed.) c) The initial monthly interest is Round to the nearest dollar as needed) d) The income tax deductible portion of the initial house payment is Round to the nearest dollar as needed ) e) The net initial monthly cost for the home is s Round to the nearest doliar as needed )

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