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Problem 4: You find a house for sale for $225,000. Assume you pay 10% up front and finance the rest with a 30 year fixed
Problem 4: You find a house for sale for $225,000. Assume you pay 10% up front and finance the rest with a 30 year fixed mortgage, at a 3.575% APR.
- Compute your monthly mortgage payment.
- How much interest will you pay over the 30 years?
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Finance
Authors: Ehsan Nikbakht, A A Groppelli
6th Edition
0764147595, 9780764147593
