Question
Celeste is looking to buy a home for $400,000. The bank is offering her a 30 year fixd rate mortgage at a 4.25% interest rate
Celeste is looking to buy a home for $400,000. The bank is offering her a 30 year fixd rate mortgage at a 4.25% interest rate with 0.8 LTV. If Celeste accepts these conditions, what will be her monthly mortgage payments?
| $13,600.00 | ||
| $1,967.76 | ||
| $1,574.21 | ||
| $11,262.23 | ||
| $ 1,770.98 |
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Principles Of Macroeconomics
Authors: Frank, Bernanke, Antonovics, Heffetz
3rd Edition
1259117162, 9781259117169
