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What is jane's monthly mortgage payments? - The purchase price was $1,000,000, with a 20% ($200,000) down payment and a loan amount of $800,000. The

What is jane's monthly mortgage payments?

The purchase price was $1,000,000, with a 20% ($200,000) down payment and a loan amount of $800,000. The interest rate is 5%, with monthly payments compounded semi-annually, amortized over a 25-year period.

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