Find the following for a $200,000 fixed-rate mortgage and the given informati a) Monthly mortgage payment (principal and interest) b) Monthly house payment (including property taxes and insurance) c) Initial monthly interest d) Income tax deductible portion of initial house payment e) Net initial monthly cost for the home (considering tax savings) Owner's Income Tax Term of Mortgage 20 years Interest Rate 7% Annual Property Tax $1152 a) The monthly mortgage payment is $ (Round to the nearest dollar as needed.) Annual Insurance $528 Bracket 40%

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