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# A house sells for $312,500 and a 20% down payment is made. A 30-year mortgage at wrote... Donated Posts: 206 Rep: 0 0 5 years ago  A house sells for$312,500 and a 20% down payment is made. A 30-year mortgage at A house sells for $312,500 and a 20% down payment is made. A 30-year mortgage at 7% was obtained. Find the monthly payment and the total interest paid. A.Monthly payment =$1,671.61; total interest paid = $351,779.60 B.Monthly payment =$1,762.49; total interest paid = $384,496.40 C.Monthly payment =$1,654.35; total interest paid = $345,566.00 D.Monthly payment =$1,662.50; total interest paid = $348,500.00 Read 446 times 1 Reply ### Related Topics Replies wrote... Educator 5 years ago  First,$312,500 * 0.20. Find how much you need a loan for. $1,663.26Total interest:$348,772.25
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