Question
The house price is $210,000. The fixed mortgage rate quoted is 6.0%. The customer would have the $10,000 down payment, and he would plan to
The house price is $210,000. The fixed mortgage rate quoted is 6.0%. The customer would have the $10,000 down payment, and he would plan to finance the house in 30 years (i.e. 360 payments/months). What is the total payment (PMT) and total interest (INT)? Group of answer choices a. $471,676.00; $231,676.00 b. $431,676.00; $331,676.00 c. $431,676.00; $231,676.00 d. $431,676.00; $331,000.00
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Affordable Housing Finance
Authors: K. Hawtrey
2009th Edition
0230555187, 978-0230555181
