Question
Can I get a clear step by step process on how to solve this Im going to be purchasing a new home but my concern
Can I get a clear step by step process on how to solve this
Im going to be purchasing a new home but my concern is to know how much I will be paying towards the mortgage on monthly basis. I also planned to keep my existing promotional bundles with the three utilities services and will transfer all to the new address. Although my monthly budgets for the entire utilities services and mortgage is $1800. However, on my closing day for the new home, I was told that I will have to pay two months of mortgage in advance coupled with home security in addition to utilities which now increased my monthly budget to about $3800.
How much is my monthly payment on the mortgage ? = x
How much is the overall utility cost per month ? = y
(let y = Mortgage Payment and y = Utility payment)
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