3 Answered Questions for the topic Mortgages
07/09/18
he cost of a home is financed with a $130,000 40-year fixed-rate mortgage at 5%.
a. Find the monthly payments and the total interest for the loan
Prepare a loan amortization schedule for the first three months of the mortgage.
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11/26/17
Mortgages pb help pleaaase
A home selling for $620,000 is to be purchased with a 30% down payment and the remainder financed through mortgage with monthly payments over 25 years. Determine the monthly payment if rates for...
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Mortgages
12/05/14
Find the selling price of a house when you have payment, term, and rate
Payments are $1,724.36 at the end of each month. 30 year mortgage. 4% annual interest rate, compounded monthly. What is the beginning loan amount? Not sure what formula to use here.
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