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QUESTION 21 Unit 4: You found a house you want to buy with a price of $299,900. The bank will loan you the money for

QUESTION 21

Unit 4: You found a house you want to buy with a price of $299,900. The bank will loan you the money for 20% down at 3.77% APR for 15 years with monthly payments. You think you can make monthly payments of $1,650. Can you afford the house?

		Yes; monthly payments = $1,113.83
		Yes; monthly payments = $1,3922.24
		No; monthly payments = $1,747.13
		N0; MONTLY PAYMENTS = $2,183.92

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