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Calculate the total payment for the fha purchase

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Calculate the total payment for the FHA purchase scenario below.

Purchase Price: $500k

LTV: 96.5%

Loan term and type: 30 year fixed

Interest Rate: 4.25%

UFMIP Factor: 1.75

MMI Factor: .75

Annual Taxes: $5700

Annual Insurance: $1100

Reference no: EM133119084

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