Question
You want to buy a $186,000 home. You plan to pay 5% as a down payment, and take out a 30 year loan for the
You want to buy a $186,000 home. You plan to pay 5% as a down payment, and take out a 30 year loan for the rest.
a) How much is the loan amount going to be?
b) What will your monthly payments be if the interest rate is 5%?
c) What will your monthly payments be if the interest rate is 6%?
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Financial Statement Analysis & Dividend Investing
Authors: Andrew P.C.
1st Edition
1075873940, 978-1075873942
