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George,
Unfortunately a payment factor of $5.42 per $1000 would mean a rate of 2.75% on a 20 year loan which would be nice but entirely unrealistic. A more realistic figure would be around $7.46 per thousand financed. Let me know if you have any additional questions or if I can help. Thanks.
Kyle
Last edited by Loan Ranger : 03-24-2007 at 04:09 PM.
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