Suppose that you would like to purchase a $250,000 home. Using 20% as a down...
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Suppose that you would like to purchase a $250,000 home. Using 20% as a down payment", if you obtained a 20 year mortgage with a 5.1% interest rate, what is the minimum monthly payment, what is the total amount you would pay in payments over the term of the loan? How much of the total amount in payments would be interested? Round your answer to the nearest cent.
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