Question 1 of 35
Colleen is buying a $279,000 home with a 30-year mortgage at 4.5%. Because
she is not making a down payment, PMI in the amount of $134.25 per month
is required for the first 2 years of the loan. Based on this information, what is
the total cost of this loan?
OA. $475,415
OB. $512,136
OC. $508,914
OD.
$493,776
SUBMIT