Sales price = $495,000 Interest Rate on 1st mortgage = 4.250% Interest Rate on HELOC 2nd mortgage = 4.000% 30-year fixed rate conventional Down Payment = 5% Taxes = $500 monthly Homeowners Insurance =...

Sales price = $495,000<br>Interest Rate on 1st mortgage = 4.250%<br>Interest Rate on HELOC 2nd mortgage = 4.000%<br>30-year fixed rate conventional<br>Down Payment = 5%<br>Taxes = $500 monthly<br>Homeowners Insurance = $150 monthly<br>What is the PITI using both mortgages?<br>Choices:<br>$2,952.56<br>$2,845.58<br>$2,879.62<br>$2,910.32<br>

Extracted text: Sales price = $495,000 Interest Rate on 1st mortgage = 4.250% Interest Rate on HELOC 2nd mortgage = 4.000% 30-year fixed rate conventional Down Payment = 5% Taxes = $500 monthly Homeowners Insurance = $150 monthly What is the PITI using both mortgages? Choices: $2,952.56 $2,845.58 $2,879.62 $2,910.32

Jun 08, 2022

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Sales price = $495,000 Interest Rate on 1st mortgage = 4.250% Interest Rate on HELOC 2nd mortgage = 4.000% 30-year fixed rate conventional Down Payment = 5% Taxes = $500 monthly Homeowners Insurance =...

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