Question
You borrow $165,000 loan to buy a house. This is a 30-year loan with an APR of 5.4%. Mortgage payments are made at the end
You borrow $165,000 loan to buy a house. This is a 30-year loan with an APR of 5.4%. Mortgage payments are made at the end of each month starting a month from now. Given the information, what is your monthly loan payment?
a. $926.53
b. $825.40
c. $549.07
d. $1,024.74
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Your Money The Missing Manual
Authors: J.D. Roth
1st Edition
0596809409, 978-0596809409
