You take out a 30-year 450000 mortgage loan with an apr of, Ask an Expert

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You take out a 30-year $450,000 mortgage loan with an APR of 7.75 percent and monthly payments. In 16 years you decide to sell your house and payoff the mortgage. What is your monthly payment? What is the principal balance on the loan? What is your total payment? What is your principal payment? What is your interest payment?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91622608

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