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How much house can you afford? Purchase price Down payment Amount Financed Loan term (years) Annual Interest Rate Payment Total amount repaid Total Interest
How much house can you afford? Purchase price Down payment Amount Financed Loan term (years) Annual Interest Rate Payment Total amount repaid Total Interest paid 210,000 20,000 190,000 15-year mortgage 30-year mortgage 4.75% -$1,477.88 ($266,019) 76,019 4.75% -$1,032.42 (Remember to multiply the number of years by (371,671) 12!) 181,671
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Financial And Managerial Accounting
Authors: Jan R. Williams, Joseph V. Carcello, Mark S. Bettner, Sue Haka, Susan F. Haka
14th International Edition
0071101217, 9780071101219
