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QThe Patel family recently purchased a home, taking out a mortgage of $235,000 at 8½%
for 25 years

The Patel family recently purchased a home, taking out a mortgage of $235,000 at 8½%
for 25 years. Excluding taxes and insurance, what is the monthly PITI payment of their loan?
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1 answers.
#1Tarana HassanAnswered at 2013-02-03 15:13:08
Although you give the principal and interest data, we have no estimate of the taxes and insurance.
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The Patel family recently purchased a home, taking out a mortgage of $235,000 at 8½%
for 25 years

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