Question
You would like to buy a house that costs 350,000 euro. You have 120,000 euro of your own savings and need to finance the rest
You would like to buy a house that costs 350,000 euro. You have 120,000 euro of your own savings and need to finance the rest through a mortgage. Raiffeisen Bank offers a 30-year mortgage with an EAR of 5% (monthly compounding) and equal monthly payments. If you decide to take this offer, what will your monthly payment be?
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Short Term Rental Long Term Wealth
Authors: Avery Carl
1st Edition
1947200445, 978-1947200449
