You have just been approved for a 30 year 5.5% fixed home mortgage. The monthly payment that you qualify for is $532.10.

asked Jul 26, 2018 14.2k views

4 votes

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5 votes

monthly charge is 165$
Total:532.16

Urraka answered Jul 27, 2018

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3 votes

The monthly interest rate charge is $165. The total principal payment you are making is $367.10+$165.00=$532.10

Pauleen answered Aug 1, 2018

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