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You want to buy a house that has a purchase price of $130,000. You plan to make a down payment of 10 of of the

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You want to buy a house that has a purchase price of $130,000. You plan to make a down payment of 10 of of the purthase price and then bortowi the rect. What is the dellar villue of your down ayment? How mach money will you need to borrew? mertgage payments on the amount you netd to bomow rather than the entire purchase price. 30-year mortgage If you take out a 30 -year mortgagt with an ApR of 4.8%, what wid your menthiy payment be? (Round your ansmer to the nearest cent.) If you meke the partment you jost ealculated every month for 30 years, how much will you pay altogether? What oslar ambunt of your total 20 -vest mortgage pdytietes ge to intertit? 1 x 20-vear mertgede 20-year mortgage If you take cut a 20-year mortgige with an APR of 4.05%, what wal yout monthy soyment be? (Round your answer to the nearest cent.) It you make the payment you just calculated every month for 20 years, how much will you poy atogether? What dolle amoant of your total 20 year mortgige phyments go to intercat? 23 What eercentape of your toesi 20 yet mortgbje pemtents go to interest? (hound your percentage to one decimal place.) 30-rear vs 20-year mortgage How mods money wil pou tave atogether by taking out at 20 -yese enoetsoge rather thas a 30 -year mortgsge

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