Question
Assume you have determined that you can pay $1,000 per month TOTAL to buy a home. Of this, $200 will go to escrow leaving the
Assume you have determined that you can pay $1,000 per month TOTAL to buy a home. Of this, $200 will go to escrow leaving the rest for principal and interest. You must put 10% down. The bank has quoted 8% for a 30 year mortgage with monthly payments. The most expensive home you can afford is:
a. $ 99,000
b. $ 119,000
c. $ 109,000
d. $ 3,495,703.15
e. $ 121,000
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Options Trading For Beginners How To Generate Predictable Income And Make A Living Without Taking Big Risks Even If You Re A Complete Beginner
Authors: Greg Middleton
1st Edition
979-8866955046
