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Old 11-10-2010, 12:40 PM
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Default A house costs $609,000 dollars, how do i...

...determine the interest rate for a 15 year and 30 year mortgage? A house costs $609,000 dollars, how do i determine the interest rate for a 15 year and 30 year mortgage assuming i make a down payment of 20%?then what about with a 4.259% interest rate for 30 years and a 3.625% interest rate for 15 years? i am really confused, and i really appreciate your answering.I guess you're right, my apologies. I just don't understand it because that interest rate is not including the 20% down payment.
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