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In April, you purchased a home conditional on successfully obtaining financing for a $ 3 2 5 , 0 0 0 mortgage. Your bank offered
In April, you purchased a home conditional on successfully obtaining financing for a $ mortgage. Your bank offered you a variable interest rate of but you approached a mortgage broker and they were able to find you a lower interest rate of If the amortization period is years, determine how much more you will be saving each month on your payments than had you gone with the bank.
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