Charles was pleased with the reduction in payment he received. His original payment was $2993.41. Post modification, Charles pays $2274.23, which saves him $719.18 each month.
Carolyn was paying $727.62 toward her mortgage each month. Now she is paying $675.76, saving her $51.86 a month.
Robert was able to lower his payment from $1210.79 to $1154.75, saving him $56.04 a month.
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