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You are going to refinance the mortgage on your home. You want a fixed-rate fully amortizing loan with a term of 15 years. Your monthly

You are going to refinance the mortgage on your home. You want a fixed-rate fully amortizing loan with a term of 15 years. Your monthly payment cannot be more than $2,240 and the current interest rate is 3.51%. What is the maximum amount you can borrow?

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