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Use the following information to answer the questions. Price of home to purchase- $300,000 Rate- 2.8% (15 year) 3.2% (30 year) Down Payment- $65,000 What

Use the following information to answer the questions.

Price of home to purchase- $300,000

Rate- 2.8% (15 year) 3.2% (30 year)

Down Payment- $65,000

What would be your monthly payment on a 15 year loan, assuming $2,400 property taxes and $2,400 home insurance?

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