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You have been making monthly payments towards your 30-year mortgage loan of $263,716:51. Your mortgage rate is 6%. Today, the 7th monthly payment is due.
You have been making monthly payments towards your 30-year mortgage loan of $263,716:51. Your mortgage rate is 6%. Today, the 7th monthly payment is due. If you make an extra one-time payment of $10,000 together with your 7th monthly payment, how many more monthly payments do you need to make to pay off your loan? 328.72 more monthly payments 319.15 more monthly payments 306,38 more monthly payments 338.30 more monthly payments 293,62 more monthly payments
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