As one of the loan officers for Grove Gate Bank, calculate the monthly principal and interest, PI (in $), using this table and the monthly PITI (in $) for the mortgage. (Round dollars to the nearest cent.) Amount Financed Interest Rate Term of Loan (years) Monthly PI Annual Property Tax Annual Insurance Monthly PITI $260,000 9.50% 25 $  $6,573 $

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As one of the loan officers for Grove Gate Bank, calculate the monthly principal and interest, PI (in $), using this table and the monthly PITI (in $) for the mortgage. (Round dollars to the nearest cent.)
Amount
Financed
Interest
Rate
Term
of Loan
(years)
Monthly
PI
Annual
Property
Tax
Annual
Insurance
Monthly
PITI
$260,000 9.50% 25 $6,573 $2,126
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