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You need a loan of $100,000 to buy a condo. Calculate your monthly payments and total closing costs for each choice. Choice 1: 30-year fixed

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You need a loan of $100,000 to buy a condo. Calculate your monthly payments and total closing costs for each choice. Choice 1: 30-year fixed rate at 4.25% with closing costs of $1,128 and 1 points Choice 2: 20-year fixed rate at 3.75% with closing costs of $1,128 and 3 points Choice 1: $491.94: $2,128 A. Choice 2: $592.89; $4,128 Choice 1: $497.36; $2,128 . Choice 2: $602.49: $4,128 Choice 1: 5481.74; $2,128 OC Choice 2: $542 26: $1,128 Choice 1: $501.43; $2,928 OD. Choice 2: 5463.16; $4,928

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