Question
A house sells for $409,500 with an 8% down payment. A mortgage is guaranteed at 6% for 20 years. The value of the mortgage is
A house sells for $409,500 with an 8% down payment. A mortgage is guaranteed at 6% for 20 years. The value of the mortgage is $376,740 and the monthly payment is $2,697.46.
Calculate an amortization schedule for the first 3 months.
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
