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You decide to buy your first home several years after college. You put down $ 2 0 , 0 0 0 on a $ 2
You decide to buy your first home several years after college. You put down $ on a $ home. You get a yr fixed rate loan at annually. Create a loan amortization NumLock able to answer the following questions. Round all answers to the nearest dollar
apts Find your monthly mortgage payment ie just the loan, because actual monthly payments typically include mortgage insurance, homeowners insurance, property taxes, HOA fees, and other costs held in escrow
bpts In month how much of your payment is being used for interest?
cpts In month how much of your payment is being used principal?
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