Question
You and your Wife Tina obtain a 30-year fixed-rate mortgage at 8.5% for the $100,000. Although you will get a 30?year mortgage, you plan to
You and your Wife Tina obtain a 30-year fixed-rate mortgage at 8.5% for the $100,000. Although you will get a 30?year mortgage, you plan to prepay the loan by making an additional amount each month along with your regular payment. How much extra must you pay each month if you wish to pay off the loan in 12 years?
| $456.23 | ||
| $341.14 | ||
| $387.23 | ||
| $425.36 | ||
| $462.14 |
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The Freedmans Handbook A Practical Guide To Wealth
Authors: Wilfred Brown, Adrian Tullock
1st Edition
1478748400, 978-1478748403
