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Genrish500 [490]
3 years ago
6

Will purchased a $175,000 home with a 7/23 balloon mortgage. His initial rate was 3.5%. At the end of the initial rate, he decid

ed to refinance the balloon payment with a 30-year mortgage fixed at 5%. What is his new mortgage payment?
Mathematics
1 answer:
Ganezh [65]3 years ago
8 0

Answer: $798.94

Step-by-step explanation:

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