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26) You are contemplating a loan of $140,000 over 30 years paid monthly at 4.15%. What are your monthly payments? A) $566.77 $455.67 $680.54 $556.89
26) You are contemplating a loan of $140,000 over 30 years paid monthly at 4.15%. What are your monthly payments?
A) $566.77
- $455.67
- $680.54
- $556.89
For the loan in #26, how many months will you cut short your mortgage if you pay an extra $100 per month, every month?
A) About 20 months
B) About 40 months
C) About 60 months
D) About 80 months
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