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Posted on Jul 20, 2024

You want to take out a $150,000 mortgage (home loan). The interest rate on the loan is 5%, and the loan is for 30 years.

You want to take out a $150,000 mortgage (home loan). The interest rate on the loan is 5%, and the loan is for 30 years. How much will your monthly payments be? (Round to the nearest dollar.)

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