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You are looking to purchase a $250,000 house and you can put 20% down payment. You are looking at applying for a 15 year mortgage

You are looking to purchase a $250,000 house and you can put 20% down payment. You are looking at applying for a 15 year mortgage at 4.5%. Real Estate taxes are estimated to be $6,000 per year and homeowner's insurance is $1,200 per year. How much is the expected monthly total payment for the home (principal, interest, taxes, insurance)?

Question 19 options:

$1,530

$1,613

$2,130

$2,512

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