Calculate how long it would take you to save a $10,000 down payment for your house...
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Calculate how long it would take you to save a $10,000 down payment for your house that cost $264,900 if you can invest 2% of your monthly net income which is $4,514.34 into an account that earns 4% quarterly. Calculate a new monthly payment for a 30-year fixed mortgage with the $10,000 down payment. How much did you save in interest in having the down payment? Create an amortization schedule/table for your mortgage with a $10,000 down payment. Upload a pdf of the amortization schedule to asulearn. Find an apartment available for rent, assuming you have no roommates. Then, calculate how much you will pay in rent throughout the 30-year mortgage for the house if rent costs remain fixed. (rent is $860 a month. I Economic experts recommend spending no more than 30% of gross monthly income (before taxes) on rent. Can you afford to live in the house you have selected? Can you afford to live in the apartment you have chosen? Justify each. Calculate how long it would take you to save a $10,000 down payment for your house that cost $264,900 if you can invest 2% of your monthly net income which is $4,514.34 into an account that earns 4% quarterly. Calculate a new monthly payment for a 30-year fixed mortgage with the $10,000 down payment. How much did you save in interest in having the down payment? Create an amortization schedule/table for your mortgage with a $10,000 down payment. Upload a pdf of the amortization schedule to asulearn. Find an apartment available for rent, assuming you have no roommates. Then, calculate how much you will pay in rent throughout the 30-year mortgage for the house if rent costs remain fixed. (rent is $860 a month. I Economic experts recommend spending no more than 30% of gross monthly income (before taxes) on rent. Can you afford to live in the house you have selected? Can you afford to live in the apartment you have chosen? Justify each.
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