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Find the monthly mortgage payment is stress tested (+2%) on your rate of 3.75 with a 25 year amortization mortgage. You will use the mortgage
Find the monthly mortgage payment is stress tested (+2%) on your rate of 3.75 with a 25 year amortization mortgage. You will use the mortgage amount from previous section. You must also determine the amount of interest principal and balance owing for the mortgage after 2 years and 7 months.
mortgage amount from previous question 322595
amortazation 25 year
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