Register
Don is buying a home for $190,300.He is making a 30% down payment and financing the rest with a 15 – year loan at 5.75% interest. What will his monthly mortgage payment be?
70.2k views
1 vote
Don is buying a home for $190,300.He is making a 30% down payment and financing the rest with a 15 – year loan at 5.75% interest. What will his monthly mortgage payment be?

User Brandon Zacharie
by
8.7k points

2 Answers

5 votes

Answer:

1106.18

Explanation:


User Turezky
by
8.5k points
5 votes
You are given the price of the house worth $190,300 and about 30% down payment of the price is paid with a 15 – year loan at 5.75% interest. You will use annuity due in this problem. His monthly mortgage payment is $5,468.1
User Rafaelrezend
by
7.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Link Copied!