Question
Suppose you are buying a house for $588,000. The down payment on your 20-year mortgage is 6%, interest rate is 3.6% and payments are monthly.
Suppose you are buying a house for $588,000. The down payment on your 20-year mortgage is 6%, interest rate is 3.6% and payments are monthly. How much interest will you have paid over the life of this loan?
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Introduction To Finance
Authors: Lawrence J Gitman, Jeff Madura
1st Edition
0201635372, 9780201635379
