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You are considering buying a new house and have found that a $ 2 0 0 , 0 0 0 . 3 0 year fixed

You are considering buying a new house and have found that a $

200, 000.30

year fixed rate mortgage is available with an interest rate of

8 %

this mortgage requires

360

monthly payments of approximately $

1429

each the interest rate rises to

9 %

what will happen to your monthly payment Your monthly payments will be

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