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Sales price $495,000 Interest Rate on 1st mortgage = 7% Interest Rate on HELOC 2nd mortgage = 8% 30 year fixed rate conventional Down

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Sales price $495,000 Interest Rate on 1st mortgage = 7% Interest Rate on HELOC 2nd mortgage = 8% 30 year fixed rate conventional Down Payment = 5% Taxes-$500 monthly Homeowners Insurance $150 monthly What is the PITI using both mortgages? F

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