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Business, 31.10.2019 03:31 EbonyMontricee

Ahome mortgage with monthly payments for 30 years is available at 6% interest. the home you are buying costs $120,000, and you have saved $12,000 to meet the requirement for a 10% down payment. the lender charges "points" of 2% of the loan value as a loan origination and processing fee. this fee is added to the initial balance of the loan. what is your monthly payment?

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