Danny buys a house for $500,000, putting 20% down. His loan is for 30 years at 6%
Question:
Danny buys a house for $500,000, putting 20% down. His loan is for 30 years at 6%
and he includes closing costs of 3% into his mortgage. How much is his monthly payment (rounded to whole dollars)?
a. $2,457.
b. $2,470.
c. $2.754,
d. $2,785.
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Related Book For
Fundamentals Of Financial Planning
ISBN: 9781936602094
3rd Edition
Authors: Michael A Dalton, Joseph Gillice
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