Calculate the monthly payment using given data

Reference no: EM132002881

Question: A mortgage loan is taken out for the amount of $250,000. It is a conventional mortgage loan, thirty years, monthly payments. Then mortgage interest rate in 5.10%. Calculate the monthly payment. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132002881

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