1 if you buy a house worth 202694 with a down payment of, Ask an Expert

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1. If you buy a house worth $202,694 with a down payment of 22.3%, what would your monthly payment be if you financed the rest with a 30-year mortgage at an annual interest rate of 4.92%?

Remember to put that annual interest rate into monthly terms. Round your answer to two decimal places.

2. If you buy a house worth $230,486 with a down payment of 20%, what would your monthly payment be if you financed the rest with a 30-year mortgage at an annual interest rate of 13.84%?

Remember to put that annual interest rate into monthly terms. Round your answer to two decimal places.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92421097

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