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You have recommended that a client refinance their mortgage. The loan amount is $197,000 at 2.49% for 30 years. What are the monthly payments. The
You have recommended that a client refinance their mortgage. The loan amount is $197,000 at 2.49% for 30 years. What are the monthly payments.
The client now asks you what the payments would have to be in order to have the loan paid off in 10 years instead of 30 years?
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