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Mortgage payments. An investor is looking at a $475,000 home. If 25% must be put down and the balance is financed at 9% over the

Mortgage payments. An investor is looking at a $475,000 home. If 25% must be put down and the balance is financed at 9% over the next 15 years.



What is the monthly mortgage payment?

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Step 1 Calculate the down payment Down payment 25 of 475000 025 47500... blur-text-image

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