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You obtain a 265,000, 15 year fixed rate mortgage. The annual interest rate is 6.25%. In addition to the principle and interest paid, you must

You obtain a 265,000, 15 year fixed rate mortgage. The annual interest rate is 6.25%. In addition to the principle and interest paid, you must pay $275 a month into an escrow account for insurance and taxes. What is the total monthly payment( to the nearest dollar$?

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