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You buy a $250,000 home by putting 20% down and borrowing the rest @ 3.5% for 30 years. 1) What are the monthly payments on

You buy a $250,000 home by putting 20% down and borrowing the rest @ 3.5% for 30 years. 1) What are the monthly payments on the loan and 2) How much per month is added for escrow with a 2% property tax and $2,200 annual homeowners insurance premium?

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