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2 years ago we purchased a house with a $525,000 30 yr mortgage at 9% A. What is the monthly payment? B. How much is
2 years ago we purchased a house with a $525,000 30 yr mortgage at 9% A. What is the monthly payment? B. How much is owed after 2 years? C. How much interest did we pay over a 2 yr period? D. If we are looking to refinance the current balance of $517,497 and the current rate is 6.75% what would be the monthly payment on a 20yr and 15 yr mortgage?
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