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You have decided to buy a house. You can get a mortgage rate of 5.7 percent, and you want your payments to be $1,075 or

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You have decided to buy a house. You can get a mortgage rate of 5.7 percent, and you want your payments to be $1,075 or less. How much can you borrow on a 20 -year fixedrate mortgage? (Do not round intermediate calculations. Round your answer to 2 decimal places.) A $100,000 GNMA passthrough bond issue has a value of $107,395. The value of the nterest-only payments is $53,087. What is the value of the principal-only payment

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