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Boyr veyears ago you purchased a house for S200,000 on a 30 year 4.205% loan compounded remaining balance ontycar loan at 3 3/8% compounded monthly
Boyr veyears ago you purchased a house for S200,000 on a 30 year 4.205% loan compounded remaining balance ontycar loan at 3 3/8% compounded monthly (o). What was your original payment? N-36 ment; 1,05% fa P/Y-12 C/Y-12 (b). What is the amount you are refinancing (balance due on the loan at the time of the N-I212144 2ur PV-200,oOD PMT 1837.20 x12 FY D P/Y-12 CY-12 (c). What are the new monthly payments? PV- PMT FY Pri- C/Y (d). How much total money are you saving from the original loan to the refinance
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