Assume mortgage rates increase to 7.5 percent (APR) and you borrow $329,000 for 30 years to purchase
Fantastic news! We've Found the answer you've been seeking!
Question:
Assume mortgage rates increase to 7.5 percent (APR) and you borrow $329,000 for 30 years to purchase a house, paid monthly. What will your loan balance be at the end of the first 10 years of payments?
$191,211.58
$207,308.09
$285,555.50
$193,797.93
$192,938.72
Expert Answer:
Posted Date:
