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Find the monthly mortgage payment using the table and details below. Purchase Price of Home Down Payment Interest Rate Years $94,000 $11,000 5.75% 22 Monthly
Find the monthly mortgage payment using the table and details below.
Purchase Price of Home | Down Payment | Interest Rate | Years |
$94,000 | $11,000 | 5.75% | 22 |
Monthly Payment of Principal and Interest per $1,000 of Amount Financed | ||||||||
Annual Interest Rate | ||||||||
Years Financed | 4.00% | 4.25% | 4.50% | 4.75% | 5.00% | 5.25% | 5.50% | 5.75% |
10 | 10.12 | 10.24 | 10.36 | 10.48 | 10.61 | 10.73 | 10.85 | 10.98 |
12 | 8.76 | 8.88 | 9.00 | 9.12 | 9.25 | 9.37 | 9.50 | 9.63 |
15 | 7.40 | 7.52 | 7.65 | 7.78 | 7.91 | 8.04 | 8.17 | 8.30 |
17 | 6.76 | 6.89 | 7.02 | 7.15 | 7.29 | 7.42 | 7.56 | 7.69 |
20 | 6.06 | 6.19 | 6.33 | 6.46 | 6.60 | 6.74 | 6.88 | 7.02 |
22 | 5.70 | 5.84 | 5.97 | 6.11 | 6.25 | 6.39 | 6.54 | 6.68 |
25 | 5.28 | 5.42 | 5.56 | 5.70 | 5.85 | 5.99 | 6.14 | 6.29 |
30 | 4.77 | 4.92 | 5.07 | 5.22 | 5.37 | 5.52 | 5.68 | 5.84 |
35 | 4.43 | 4.58 | 4.73 | 4.89 | 5.05 | 5.21 | 5.37 | 5.54 |
Years Financed | 6.00% | 6.25% | 6.50% | 6.75% | 7.00% | 7.25% | 7.50% | 7.75% |
10 | 11.10 | 11.23 | 11.35 | 11.48 | 11.61 | 11.74 | 11.87 | 12.00 |
12 | 9.76 | 9.89 | 10.02 | 11.15 | 10.28 | 10.42 | 10.55 | 10.69 |
15 | 8.44 | 8.57 | 8.71 | 8.85 | 8.99 | 9.13 | 9.27 | 9.41 |
17 | 7.83 | 7.97 | 8.11 | 8.25 | 8.40 | 8.54 | 8.69 | 8.83 |
20 | 7.16 | 7.31 | 7.46 | 7.60 | 7.75 | 7.90 | 8.06 | 8.21 |
22 | 6.83 | 6.98 | 7.13 | 7.28 | 7.43 | 7.59 | 7.75 | 7.90 |
25 | 6.44 | 6.60 | 6.75 | 6.91 | 7.07 | 7.23 | 7.39 | 7.55 |
30 | 6.00 | 6.16 | 6.32 | 6.49 | 6.65 | 6.82 | 6.99 | 7.16 |
35 | 5.70 | 5.87 | 6.04 | 6.21 | 6.39 | 6.56 | 6.74 | 6.9 |
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