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Okay I need help on figuring out 1.C.and 1.D. I have calculated 1.A. and 1.B. with the above documentation but need help on the last
Okay I need help on figuring out 1.C.and 1.D.
I have calculated 1.A. and 1.B. with the above documentation but need help on the last two questions.
Thank you
Monthly Mortgage PMT = $2,046.47
Principal Value after 3 Years = $414,274.49
c). What is the total interest paid for this 30-year mortgage loan?
d).What is the loss of tax shield if Dustin opts for 15-year mortgage with APR of 3.8% and the tax rate is 35%?
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