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03-12-2010, 07:51 PM
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Stacie williams is purchasing her first home for...
...$275000. She is obtaining an FHA mortgage through her credit? A) Determine the amount of the required down payment.B) Determine the monthly principal and interest payment for a 30-year loan with a 3% down payment.Stacie Williams is purchasing her first home for 275000. she is obtaining an FHA loan through her credit union and is required to pay a 3% down payment. The current mortgage rate is 7.5%.
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