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You are buying a condo in Victoria for $1.55 million and are trying to calculate the approximate amount of each loan payment. You are paying

You are buying a condo in Victoria for $1.55 million and are trying to calculate the approximate amount of each loan payment. You are paying $675,000 down in cash. Today, you are financing the balance with a 25 year loan with monthly payments, and an annual percentage rate of 5.32%.

$5,280

$6,000

$6,364

$7,058

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