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Monthly payments for the last 9 years

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Suppose you take out a 30-year mortgage for $220193 at an annual interest rate of 6.1%. After 9 years, you refinance to an annual rate of 4.7%. When there are 9 years left on the loan, you refinance again to an annual rate of 2.2%. What are your monthly payments for the last 9 years?

Reference no: EM131972324

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