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Juan is buying a house for $250,000 and paying 20% down. He has been approved for a loan with an interest rate of 3.95% and

Juan is buying a house for $250,000 and paying 20% down. He has been approved for a loan with an interest rate of 3.95% and a term of 30 years. What is his monthly payment?

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$1,162.12

$949.07

$684.92

$1,858.22

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