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OpenStudy (anonymous):
Katelyn is financing $368,375 to purchase a house. She obtained a 20/6 balloon mortgage at 4.65%. What will her balloon payment be?
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OpenStudy (anonymous):
@ganeshie8 please help how do I calculate balloon payment?
OpenStudy (lena772):
http://www.bankrate.com/calculators/mortgages/balloon-home-mortgage-calculator.aspx Here's a calculator that can help you.
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