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You want to take out a $319,000 mortgage (home loan). The interest rate on the loan is 5%, and the loan is forN30 years. Your
You want to take out a $319,000 mortgage (home loan). The interest rate on the loan is 5%, and the loan is forN30 years. Your monthly payments are $1,712.46.How much will still be owed after making payments for 15 years? $ Round your answer to the nearest dollar.How much will still be owed after making payments for 20 years? $ Round your answer to the nearest dollar.How much will still be owed after making payments for 25 years? $
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