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In order to lower her monthly payment louisa will make a 20

Louisa is purchasing a 125000 home and her bank is offering her a 30-year mortgage at a 4.75% interest rate. In order to lower her monthly payment ,Louisa will make a 20% down payment and will purchase 2 points. What will her monthly mortgage payment be?

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Finance Basics: In order to lower her monthly payment louisa will make a 20

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