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The price of a home is $180,000. The bank requires a 15% down payment. The mortgage is 20-year fixed-rate at 5.4% and there are 2
The price of a home is $180,000. The bank requires a 15% down payment. The mortgage is 20-year fixed-rate at 5.4% and there are 2 points.
Find the monthly mortgage payment.
Find the total cost of interest over 20 years.
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