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Down payment My monthly payment to accumulate my down payment is 325. Price of Property:310,000 Down payment (20% of Price of Property):310,000*.20= 62,000 Monthly
Down payment My monthly payment to accumulate my down payment is 325. Price of Property:310,000 Down payment (20% of Price of Property):310,000*.20= 62,000 Monthly amount you can save towards your down payment: Interest Rate used to accumulate the down payment: Formula to used to determine the time required to accumulate the down payment. Show details on how to solve for the time period or show the screenshot of the TI-84 Calculator screen. Mortgage Payments Price of Property:310,000 Down Payment:62,000 Interest Rate for Mortgage:2.59% Outstanding balance=310,000-62,000=248,000 Formula for 15 year mortgage Show detail on how to compute the monthly payment or show screenshot of TI 84 calculator. Formula for 30 year mortgage Show detail on how to compute the monthly payment or show screenshot of TI 84 calculator.
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