Question

The monthly mortgage loan payment on the Flynn's home is $609. Additionally, they pay $1,080 in annual real estate taxes and $799 per year in homeowner's insurance.

What is the total amount of their monthly payment?

Answer 1

Monthly mortgage: $609
Taxes: $1,080 per year so divide by 12 for the months in the year
$1,080 divided by 12=90
Insurance: $799 per year so divide by 12 for the months in the year
$799 divided by 12= 66.58 ( that’s rounded to nearest thousandth’s)
Add $609 + $90 + $66.58= $765.58 a month