A 25 year fixed rate mortgage has monthly payments of 717, Financial Management

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A 25 year fixed rate mortgage has monthly payments of 717

A 25 year fixed rate mortgage has monthly payments of 717 euros per month and mortgage interest rate of 6.14% per year.

If a buyer purchases a home with the cash from the mortgage loan plus an additional 20% deposit, what is the purchase price of the home?

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Financial Management: A 25 year fixed rate mortgage has monthly payments of 717

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Financial Management: A 25 year fixed rate mortgage has monthly payments of 717

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