Suppose that your credit is not very good and you are offered a 3 0 year mortgage for $ 7 0 , 0 0 0 at 7 1 2 5 How much equity would you have after 5 years ( Round your answer to two decimal places )

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Suppose that your credit is not very good and you are offered a 3 0 - year mortgage for $ 7 0 , 0 0

Suppose that your credit is not very good and you are offered a

30 -

year mortgage for $

70, 000

7.125 % .

How much equity would you have after

5

years?

(

Round your answer to two decimal places.

)

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