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You are buying a $250,000 house for 10% down, with the rest financed at 3% for 30 years with fixed monthly payments. You must pay
You are buying a $250,000 house for 10% down, with the rest financed at 3% for 30 years with fixed monthly payments. You must pay 2 points for the loan. At the end of 6 years, you sell the house. How much do you owe on the loan? (Round your answer to two decimal places).
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