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Marissa is purchasing a home for $169,000.00. Her loan has been approved for a 30-year fixed-rate loan at 5 percent annual interest. Marissa will pay 20 percent of the purchase price as a down payment.
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Marissa is purchasing a home for $169,000.00. Her loan has been approved for a 30-year fixed-rate loan at 5 percent annual interest. Marissa will pay 20 percent of the purchase price as a down payment. What will be her monthly payment?

User Alex Burov
by
8.0k points

2 Answers

4 votes

Answer:

$726.02

Explanation:

User Nassima
by
7.1k points
3 votes

Answer:

$726.02 I had to guess cause I used a calculator but it didn't get to an exact number this is the closet

User Bambus
by
7.9k points
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