Question

1. How much house can I afford if my monthly take-home pay is $6,000 and I pay 20% down? How much money is that 20%?

2. How much will my payment be based on 4% interest rate and a 15 year fixed mortgage?
3. You will need to find a mortgage caculator to answer this.
a.) How much will the payment be on a $300,000 mortgage if you pay 10% down and finance it for 30 years at 4%?
b.) How much will it be at 5%?
C.) How much will it be at 6%?
d.) How much will it be at 796?

Answer 1

Answer: well if you pay 20 percent down then you would only pay 4,800

Step-by-step explanation: