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What is the total monthly payment with monthly private mortgage insurance (PMI) and escrows for the following loan: 10 C C Sale price: $150,000 Loan
What is the total monthly payment with monthly private mortgage insurance (PMI) and escrows for the following loan: 10 C C Sale price: $150,000 Loan to value ratio: 90% Interest rate and term: 6% for 30 years Annual premium rate for PMI (paid monthly): 0.78% Annual property tax liability and home owner's insurance premium (paid monthly): $3,750
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