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Your plan is to buy a home with a 7 5 % loan to value mortgage. The price you ve negotiated is $ 4 9

Your plan is to buy a home with a 75% loan to value mortgage. The price youve negotiated is $495,000 and interest rates for 30 year loans (paid monthly) are 6.79%. What is your monthly payment and how much interest will you pay over the life of the loan?

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