Find the indicated amounts for the fixed-rate mortgages.

Purchase price of home	Down payment	Mortgage amount	Interest rate	Years	Monthly payment per $1,000	Mortgage payment	Total paid for mortgage	Interest paid
$180000	$0		5.00%	30

L

Years	Annual interest rate
financed	3.00%	3.25%	3.50%	3.75%	4.00%	4.25%	4.50%	4.75%	5.00%	5.25%	5.50%	5.75%	6.00%	6.25%	6.50%	6.75%
10	9.66	9.77	9.89	10.01	10.12	10.24	10.36	10.48	10.61	10.73	10.85	10.98	11.10	11.23	11.35	11.48
12	8.28	8.40	8.51	8.63	8.76	8.88	9.00	9.12	9.25	9.37	9.50	9.63	9.76	9.89	10.02	10.15
15	6.91	7.03	7.15	7.27	7.40	7.52	7.65	7.78	7.91	8.04	8.17	8.30	8.44	8.57	8.71	8.85
17	6.26	6.39	6.51	6.64	6.76	6.89	7.02	7.15	7.29	7.42	7.56	7.69	7.83	7.97	8.11	8.25
20	5.55	5.67	5.80	5.93	6.06	6.19	6.33	6.46	6.60	6.74	6.88	7.02	7.16	7.31	7.46	7.60
22	5.18	5.31	5.44	5.57	5.70	5.84	5.97	6.11	6.25	6.39	6.54	6.68	6.83	6.98	7.13	7.28
25	4.74	4.87	5.01	5.14	5.28	5.42	5.56	5.70	5.85	5.99	6.14	6.29	6.44	6.60	6.75	6.91
30	4.22	4.35	4.49	4.63	4.77	4.92	5.07	5.22	5.37	5.52	5.68	5.84	6.00	6.16	6.32	6.49
35	3.85	3.99	4.13	4.28	4.43	4.58	4.73	4.89	5.05	5.21	5.37	5.54	5.70	5.87	6.04	6.21

Question content area bottom

Part 1

The mortgage amount is?

.

(Round to the nearest dollar as needed.)

Part 2

The monthly payment per $1,000 is ?

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(Round to the nearest cent as needed.)

Part 3

The monthly mortgage payment is?

.

(Round to the nearest cent as needed.)

Part 4

The total mortgage payment is?

.

(Round to the nearest dollar as needed.)

Part 5

The total interest is?

.

(Round to the nearest dollar as needed.)

Answer rating: 100% (QA)

1 Mortgage Amount is 180000 0 180000 2 Monthly Payment per 1000 at 5 537 From the Table 3 Mo... View the full answer