2-Year Mortgage Payment (PITI) - EP. 459

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In this episode, we are learning how to calculate mortgage payments with formula #1, based on a $150,000.00 mortgage, for 2 years, at 4.5% annual interest, and 20% down payment. We also pay taxes $3,500.00 per year, and insurance $1,200.00 per year. Let us practice this now so that we know how to save money when paying off our mortgages!
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