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i dont know that what i have wrote in the blanks is right or not A married couple are comparing the financing costs for the

image text in transcribedi dont know that what i have wrote in the blanks is right or not
A married couple are comparing the financing costs for the purchase of a $250,000 home. The couple have good credit and the required down payment, and as a result, can obtain a conventional mortgage loan with an 80 percent loan to value mortgage at a rate of 5% for a term of 30 years. Closing costs for the conventional loan are 3% of the amount of the new mortgage. Compute the following for the conventional mortgage loan: Loan value : 200,000 Down Payment Required $ ya Amount of the Total Closing Costs $ 60.000 Amount of the new mortgage loan $ 200,000 Monthly Mortgage Payment Required $ Annual Percentage Rate%_

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