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The Hamiltons house is valued at $390,000. The mortgage was for $347,100 with a 5-year term, amortized over 25 years at 3.4%. Please Calculate the

The Hamiltons house is valued at $390,000. The mortgage was for $347,100 with a 5-year term, amortized over 25 years at 3.4%.

Please Calculate the Monthly Mortgage Payment:

They have made 20 payments on the mortgage. Please calculate the balance owing on the loan.

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