Answered

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Sam has an annual income of $78,000 and wants to buy a home. He will need a home mortgage loan to do that. Current mortgage interest rates are 6% for a 30 year loan. Given the type of home he would like to buy, annual real estate taxes and homeowner’s insurance would be about $4,800 and $1,500, respectively. Given the facts above what is the total monthly payment?

Sagot :

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