Question: When you turn 4 0 , you also decide you want to buy your first house for $ 3 0 0 , 0 0 0

When you turn 40, you also decide you want to buy your first house for $300,000 with a typical 30 year fixed rate mortgage at 7.5%. How much is your
monthly principle and interest payment assuming you pay 20% of the house cost as a down payment?

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