Question
You are buying a $62,000 house for 10% down, with the rest financed at 11 3/4% for 30 years with fixed monthly payments. You must
You are buying a $62,000 house for 10% down, with the rest financed at 11 3/4% for 30 years with fixed monthly payments. You must pay 2 points for the loan. Your monthly loan payment is $563.25. At the end of 4 years, you sell the house. How much do you owe on the loan?
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Business And Personal Finance
Authors: McGraw-Hill
1st Edition
0078945801, 9780078945809
