Question
You want to buy a $211,000 home. You plan to pay 10% as a down payment, and take out a 30 year loan for the
You want to buy a $211,000 home. You plan to pay 10% as a down payment, and take out a 30 year loan for the rest.
a) How much is the loan amount going to be? 189900
b) What will your monthly payments be if the interest rate is 6%?
c) What will your monthly payments be if the interest rate is 7%?
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The Investment Writing Handbook
Authors: Assaf Kedem
1st Edition
1119356725, 978-1119356721
