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can you help me solve this pls? Aya tand Sakura have now saved up their down paymant to buy a home, but they still need
can you help me solve this pls? Aya tand Sakura have now saved up their down paymant to buy a home, but they still need to borrow to coner the rest. For the home fiey want this wilf recuire a markago of $450,000 to cover the remaining amount and they're not sure whether they could alford the monthly loan payments. The bark has offorod them a marigare inarest fate of 4.25%, compounded monthily. How much would they have to be able to afford to pay each month in order to pay off their mortgage in 25 years? What is the total amount that would be paid to the lender after 25 years of payments? QUESTION 10 What if Aya aind 5 aksa could only afford a monthily payment of $2,000 ? What would be the maximum mortgage amount they could afford to borrow from the bank, If all the other conditions were the ame? What is tho fotal amount that world be paid to the lender over 25 years
can you help me solve this pls?
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