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You are considering to buy a house. The current value of the house is $550,000 and the 30-year mortgage rate based on your FICO score
You are considering to buy a house. The current value of the house is $550,000 and the 30-year mortgage rate based on your FICO score is 4.15%. If you decided to buy the house with a $50,000 down payment, what would be your monthly mortgage payment?
d. $29,444
b. $2,674
c. $20,750
a. $2,431
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