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25 October, 06:52

Weston is buying a house for $215,000. He is financing $185,000 and obtained a 30-year, fixed-rate mortgage with a 6.525% interest rate. How much are his monthly payments?

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  1. 25 October, 08:12
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    For the answer to the question above asking How much are Weston's monthly payments if Weston is buying a house for $215,000. He is financing $185,000 and obtained a 30-year, fixed-rate mortgage with a 6.525% interest rate.?

    PV 185,000, N 360, R 6.525% / 12 =.54375%. the answer is Pmt = 1,172.37
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