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Suppose you found the house that you have been looking for years! It comes with a price tag of $ 2 1 0 , 0
Suppose you found the house that you have been looking for years! It comes with a price tag of $ As luck would have it you also found a bank that is running special where they will finance your house if you put down down payment, meaning you will be borrowing of the price tag. The loan comes with a APR over years. How much would be your monthly payment amount? Round up your answer to two decimal point
Monthly payment Amount $
Fill out all the blank boxes below. Fill in the answer for every box and show how you got the numbers meaning write the calculations to show how you got each of the answer For example, if the answer for the "Applied to interest" for the st Month is $ then show how you got to $ie $
tableMonthBeg. Loan Bal,Monthly Payment,Applied to Interest,Applied to Principal,Ending Loan Bal$$$$$$$$$$Suppose you found the house that you have been looking for years! It comes with a price tag of $ As luck would have it you also found a bank that is running special where they will finance your house if you put down down payment, meaning you will be borrowing of the price tag. The loan comes with a APR over years. How much would be your monthly payment amount? Round up your answer to two decimal point
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