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Posted on Aug 27, 2024

When you turn 4 0 , you also decide you want to buy your first house for $ 3 0 0 , 0 0 0

When you turn

40,

you also decide you want to buy your first house for $

300, 000

with a typical

30

year fixed rate mortgage at

7.5 % .

How much is your

monthly principle and interest payment assuming you pay

20 %

of the house cost as a down payment?

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