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You borrow $200,000 to buy a house. The mortgage interest rate is 4.5 percent and the loan period is 30 years. Payments are made monthly.

You borrow $200,000 to buy a house. The mortgage interest rate is 4.5 percent and the loan period is 30 years. Payments are made monthly. What is your monthly mortgage payment?

$953.70

$1013.37

$1153.70

$12.53.70

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