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will thumb up QUESTION 25 Suppose you have obtained a 60 yearfully amorting FHA mortgage loan of 5164.750 00 to finance the purchase of your

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QUESTION 25 Suppose you have obtained a 60 yearfully amorting FHA mortgage loan of 5164.750 00 to finance the purchase of your primary residence in so done you must pay additional mortgage Insurance premium (MIP) of 1.10if the first year werage loan balance is 3151307.50 determine the first year monthly murance premium payment 3967.76 5139.13 5958.13 $146.49 QUESTION 26 Borrower has a 30 year mortgage at 6% based on 5900.000. The borrower makes all principal and interest payments as scheduled. What is the remaining balance at the end of year 7 (84 months)? $806.754.47 5416,000.00 5627.475.70 5702.178.83

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