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You have just signed a contract to purchase your first house. The price is $150,000 and you have applied for a $100,000,28-year, 6.2% loan. Annual

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You have just signed a contract to purchase your first house. The price is $150,000 and you have applied for a $100,000,28-year, 6.2% loan. Annual property taxes are expected to be $1,945. Hazard Insurance costs $769 per year. Your car payment is $175, with 33 months left. Your monthly gross income is $4,500. What is your monthly PITI (principal, interest, taxes, and insurance)? Your

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