Question: Sierra borrowed $ 3 0 0 , 0 0 0 at 6 % , on a 3 0 y back in 2 0 0 7

Sierra borrowed $300,000 at 6%, on a 30 y back in 2007. It so happens her payments were $1,798.65. In 2020, she refinanced into a ?**15 year mortgage* at 3%. Assuming she made exactly 150 payments (12 and a half years) before refinancing, what are the PAYMENTS on her new 15y loan?
 Sierra borrowed $300,000 at 6%, on a 30 y back in

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