Mathematics, 02.03.2020 02:14 chynaroyal19
You want to buy a $205,000 home. You plan to pay 20% as a down payment, and take out a 30 year loan at 5.25% interest for the rest.
a) What is the amount of the down payment?
$
b) What will the amount of the mortgage?
$
c) The bank charges 1.5 points on the loan. What is the amount charged for points?
Answers: 1
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You want to buy a $205,000 home. You plan to pay 20% as a down payment, and take out a 30 year loan...
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