Question
Vahini and Kadar obtained a mortgage of $300,000, at 4%, amortized over 25 years and pay a monthly payments of $1,583.10. They decided they could
Vahini and Kadar obtained a mortgage of $300,000, at 4%, amortized over 25 years and pay a monthly payments of $1,583.10. They decided they could afford to pay an extra $200 per month on the regular payment. What would be there total interest saved over the entire life of the mortgage?
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Fundamentals of Investment Management
Authors: Geoffrey Hirt, Stanley Block
10th edition
0078034620, 978-0078034626
