You are buying a $450,000 house with a 20% down payment and a fixed-rate mortgage for the

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You are buying a $450,000 house with a 20% down payment and a fixed-rate mortgage for the remainder at 4.75% for 30 years with monthly payments. What is the balance or amount outstanding on the loan at the end of the third year?

Posted Date: May 19, 2024 03:07 AM

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You are buying a $450,000 house with a 20% down payment and a fixed-rate mortgage for the

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