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6. Dr. Tennant would like to buy a $115,000 home and has found financing at 4.6%(12) with 2.5 points for a 30 -year loan if
6. Dr. Tennant would like to buy a $115,000 home and has found financing at 4.6%(12) with 2.5 points for a 30 -year loan if he pays 10% down. a) Find the amount financed including points. b) Find his monthly payment. Round up to the next penny. c) Find the actual APR. d) Give the 72nd line of the amortization schedule. e) Find out how much of the 6th year of payments goes to interest. f) If homes are appreciating at 2%(1), find Dr. Tennant's equity immediately after the 72th payment
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