Question: The current mortgage payment for Eric to borrow $ 2 5 5 , 9 0 0 at 5 . 5 % for 2 5 years

The current mortgage payment for Eric to borrow $255,900 at 5.5% for 25 years is $1,571.45. His annual
property taxes are $1287, and his annual insurance is $958. What is Eric's total monthly payment
including taxes and insurance?
The current mortgage payment for Eric to borrow $255,900 at 5.5%

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