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Look at the house information given above, and answer the questions below: * Submit your answers in this form: $1250.00 using a dollar sign and

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Look at the house information given above, and answer the questions below: * Submit your answers in this form: $1250.00 using a dollar sign and rounding to the nearest cent, do not use commas. Assume you secure a loan for the full asking price at a bank with a rate of 4.5% and a 30yr term. What is the monthly mortgage payment? Blank 1 At the end of the 30 years, how much will you have paid for the house? Blank 2 What will your monthly insurance payment be? Blank 3 What will your YEARLY tax amount be? Assume the tax is based on asking price. Blank 4 What will your monthly tax payment be? Blank 5 What will your total monthly payment be (mortgage+insurance+tax)? Blank 6 HOUSE \#2 - $196,000 Tax Rate: BG ANNEX - 0.999\% Yearly Insurance Premium: \$1296 3487 INNSBROOKE CT - BOWLING GREEN KY - 1338 SQ FT - 3BED/2BATH - 0.26 ACRES

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