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You are buying a house for $220,000.00 with a downpayment of $44,000.00. The loan will be paid back over 30 years with monthly payments of
You are buying a house for $220,000.00 with a downpayment of $44,000.00. The loan will be paid back over 30 years with monthly payments of $1,089.40. If the interest rate is 6.3% compounded monthly, what would the smaller concluding payment be? The concluding payment would be $. (Round to 2 decimal places.)
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Principles Of Housing Finance Reform
Authors: Susan M. Wachter, Joseph Tracy
1st Edition
0812248627, 978-0812248623
