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What is the amount of your monthly debt service

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You are looking to purchase a new home that is listed at $305,000. You intend to make an offer to buy this house at the full listed price. You have saved enough to make a 20% down payment, so the loan amount will be 80% of the purchase price. You are talking to a lender about a 30-year, fixed rate, amortizing loan. The mortgage constant is 0.05389. What is the amount of your monthly debt service ?

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