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F Mary and George finally decide on a 3 bedroom home on Manchester Ct. The price of the home is $188,000. a) b) c) d)
F Mary and George finally decide on a 3 bedroom home on Manchester Ct. The price of the home is $188,000. a) b) c) d) e) What is the total amount the couple will have to finance? 188000-6200= $181800 after down payment is given. If the couple purchases the home on a 30-year loan at a fixed interest rate of 3.99%, what will be their monthly payment? $867.30 What is the total cost of the home using the 30-year loan. 312082+6200-$318282 (Hint: Don't forget to include the down payment!) How much of the total cost is interest? 312082-181800-$130282 Mary's friend, Beth, suggests they check into a 15 year loan and compare the monthly payments and the overall cost George purchase the of the home. If Mary and
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