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my monthly income is $1600.00 What is the maximum car payment and mortgage payment you can afford with the following conditions: your monthly household income,
my monthly income is $1600.00
- What is the maximum car payment and mortgage payment you can afford with the following conditions: your monthly household income, 10% for the car payment, and 28% for the mortgage payments?
- Assume a 10% down payment on the car and a 3% down payment on the house. Also, assume that you can get financing for the car at 7% for 60 months, and the house can be financed at 5% for 30 years. How much could you spend on the car and the house?
- how do i create a complete amortization schedule for the car, using the information in questions 1 and 2.
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