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Assume you have been working at your first job since college.. You now wish to buy...

Assume you have been working at your first job since college.. You now wish to buy a house for $450,000. You plan to make a 35 percent down payment while financing the rest. Assuming your neighborhood bank offers you a 30-year mortgage with a 4.50% interest rate, what will your monthly payments be? How would your monthly payments change if you increased your down payment to 50 percent?

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