You want to purchase a house that cost 150,000. You have 30,000. Because you have a good credit score yoh have been offered a loan of 15 years at 3% or 30 years at 3.75%.

10:10 LTE 1. You want to purchase a house that costs $150,000. You have $30,000. Because you have good credit score you have been offered a loan of 15 years at 3% or 30 years at 3.75%. How much is your loan? What is your monthly principal and interest payment for the 15 year loan? What is your monthly principal and interest payment for the 30 year loan? _What is the total of the payments (the amount you actually pay for the house) with the 15 year loan? What is the total of the payments (the amount you actually pay for the house) with the 30 year loan