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Suppose that you would like to purchase a $250,000 home. Using 20% as a down payment, if you obtained a 30 year mortgage with a

"Suppose that you would like to purchase a $250,000 home. Using 20% as a down payment", if you obtained a 30 year mortgage with a 4.25% interest rate, making monthly payments, how many payments would you make over the life of the loan? What is the minimum monthly payment, assuming the payment only includes interest and principal?

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