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A man buys a house for a $215,000. He pays $50,000 down and takes out a mortgage at 6.864% for 25 years on the balance.
A man buys a house for a $215,000. He pays $50,000 down and takes out a mortgage at 6.864% for 25 years on the balance. Find his monthly payment and the total amount of interest he will pay. The man will make payments of $ (Do not round until the final answer. Then round to the nearest cent.) The total amount of interest the man will pay is $ (Do not round until the final answer. Then round to the nearest cent.)
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