Question
Please calculate a house payment using the following assumptions: House price of $650,000 financed over 30 years using an interest rate of 4 percent. Assume
- Please calculate a house payment using the following assumptions:
House price of $650,000 financed over 30 years using an interest rate of 4 percent. Assume a down payment of $50,000. Assuming monthly property taxes of $300 monthly and home owners of $250 monthly. Please show all work.
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Financial Management Concepts and Applications
Authors: Stephen Foerster
1st edition
013293664X, 978-0132936644
