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Lateefah and Eric Lewis have obtained a mortgage loan at a 5.5% annual interest rate for 25 years. The home's selling price is $175,000, and
Lateefah and Eric Lewis have obtained a mortgage loan at a 5.5% annual interest rate for 25 years. The home's selling price is $175,000, and they need a 20% down payment. The bank will allow them to finance the closing costs as part of the mortgage.
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Personal Finance
Authors: Thomas Garman, Raymond Forgue
12th edition
9781305176409, 1133595839, 1305176405, 978-1133595830
