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6. I found a house to buy for $200000. If I put 20% down and finance the rest @ 4.25% for 30 years, find: a.
6. I found a house to buy for $200000. If I put 20% down and finance the rest @ 4.25% for 30 years, find: a. The monthly payment b. Find the total cost of the house c. Find the interest charged d. Bonus If I decide to make an extra payment of $200 each month, how long will it take to pay off the house? (You will need to show all steps clearly for credit)
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