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Joe has made an offer on an $850,000 home. He plans to put 20% down for his downpayment. What will Will's home loan amount be?

Joe has made an offer on an $850,000 home. He plans to put 20% down for his downpayment. What will Will's home loan amount be?

Using the Loan Amount calculated, what will Joe's monthly mortgage payment be if he qualifies for a 30-year mortgage at 7.75% APR?

*PLEASE FILL CELLS AS THEY APPEAR IN EXCEL*

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