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Just fill out the chart. show answers Include taxes & fees (i) Total monthly payment $1,463 Loan $1,183 Taxes & fees $280 (i) (i) Credit
Just fill out the chart. show answers
Include taxes \& fees (i) Total monthly payment $1,463 Loan $1,183 Taxes \& fees $280 (i) (i) Credit arnre (i) Home insurance (yearly) $735 10. The mortgage requires a down payment of 20%. How much would you need to borrow after paying this down payment? $210,00020%=$42,000 $210,000$42,000=$168,000 here are monthly costs and yearly costs to maintain the residence. - Annually charges o 2.25% of the full home value for property tax. 0.0.80% of the full home value for insurance. o 3% of the full home value for repairs. - Monthly charges o 10% of the monthly rent for property management o 5% of the monthly rent for potential vacancies. o $125 each month for water and trash services. 12. Calculate the total cost of home ownership over one yearStep by Step Solution
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