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Congratulations on finding your dream home! The 4-bedroom, 3 bath home is perfect for you and your family. You have negotiated a great price with

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Congratulations on finding your dream home! The 4-bedroom, 3 bath home is perfect for you and your family. You have negotiated a great price with the seller of $159,000. You have $10,000 saved to put down on this investment (down payment). You have decided that your monthly budget for a mortgage will be no more than $775. You have been talking with two different lenders to help you mortgage your dream home Lender #1 will lend you up to 5150 000 a 5% for 25 years Lender 12 will lend you $159.000 45% for 30 years a) Which lender would you use? Why? Calculate the monthly payment under each under optico Use Table 14 to find the appropriate table factors. Label and show all of your work This strated being your budget of month how your change your accuently under option Label and how

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