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You have just signed a contract to purchase your first house. The price is $210,000 and you have applied for a $110,000,24-year, 5.1% loan. Annual
You have just signed a contract to purchase your first house. The price is $210,000 and you have applied for a $110,000,24-year, 5.1\% loan. Annual property taxes are expected to be $4,051. Hazard Insurance costs $561 per year. Your car payment is $300, with 42 months left. Your monthly gross income is $3,250. What is your monthly PITI (principal, interest, taxes, and insurance)? Your
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