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You purchase a home for $250,000 with a 20% down payment. If you are approved for a 4.91% annual interest rate for a 30-year mortgage, calculate your monthly payment (P+I).
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You purchase a home for $250,000 with a 20% down payment. If you are approved for a 4.91% annual interest rate for a 30-year mortgage, calculate your monthly payment (P+I).

User Ctorx
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1 Answer

4 votes
The answer is $1,328
User Dunc
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