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Using the information provided, answer the following FHA question: Sales price $349,000 Interest Rate = 6.375% 30 year fixed Taxes = $290 monthly Homeowners Insurance

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Using the information provided, answer the following FHA question: Sales price $349,000 Interest Rate = 6.375% 30 year fixed Taxes = $290 monthly Homeowners Insurance = $87 monthly Closing Costs = $8,504 Prepaids = 1% Sellers contribution = $9,575 What is the PITI and cash-to-close? Choices O $2753.42/514634 $2,682.97/ $14,583 $2,632 22 $24,348 $2,788.943 19,973

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