78.7k views
0 votes
Veronica bought a house with an FHA loan. She pays $780 a year for real estate taxes

and $900 a year for homeowner's insurance. What is the monthly amount added to
Veronica's mortgage payment?
A: $140
B: $65
C: Not enough information given to compute impound amount
D: $1,680

User Wladimiro
by
3.1k points

2 Answers

6 votes
The answer would be A ($140)
User Asaf Shveki
by
3.2k points
0 votes
900/12= 75
780/12= 65
75+65=140
The answer is a
User Lfmunoz
by
3.2k points