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Your plan is to buy a home with an 80% loan to value mortgage. The price youve negotiated is $255,000 and interest rates for 30
Your plan is to buy a home with an 80% loan to value mortgage. The price youve negotiated is $255,000 and interest rates for 30 year loans (paid monthly) are 5.79% what is the monthly payment and how much interest will you pay over the life of the loan? a. $476 and $52,224
b. $1,195.68 and $226,443.89
c. $1,195.68 and $183,788.99
d. $476 and $51,646
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