Question
A buyer purchased a $60,000 house and was able to obtain a $36,000 loan. The loan Was amortized over 20 years with an interest rate
A buyer purchased a $60,000 house and was able to obtain a $36,000 loan. The loan Was amortized over 20 years with an interest rate of 8% and a principal and interest payment of $323.90 per month. What was the total interest paid over the term of the loan?
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The Municipal Budget Crunch A Handbook For Professionals
Authors: Roger L. Kemp
1st Edition
0786463740, 978-0786463749
