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You have found the home of your dreams. You have negotiated the best price for the home, $180,663. You have $13,506 to pay as a down payment. And the best interest rate you can get is 4.03%. Based on this information, how much will you have to pay in a base monthly payments for a 30 year mortgage? You have found the home of your dreams. You have negotiated the best price for the home, $180,663. You have $13,506 to pay as a down payment. And the best interest rate you can get is 4.03%. Based on this information, how much will you have to pay in a base monthly payments for a 30 year mortgage?
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Answer rating: 100% (QA)
To calculate the base monthly payment for a 30year mortgage we first need to determine the loan a... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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