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In 2 0 1 8 3 0 year mortgage rates were 4 . 5 % . In 2 0 2 3 they jumped to 7

In 201830 year mortgage rates were 4.5%. In 2023 they jumped to 7.5%. How much more would your monthly mortgage payment be on a $247,000 mortgage if you got the loan in 2023 instead of 2018? Use the Mortgage Payment Factors table. (Round your answer to the nearest whole dollar)

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