you brought a house for $ 151,000, with a down payment of 30,000, which meant you took out a loan for $ 121,000, your interest rate was 5.7% fixed. How much additional money would you need to add to...

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you brought a house for $ 151,000, with a down payment of 30,000, which meant you took out a loan for $ 121,000, your interest rate was 5.7% fixed. How much additional money would you need to add to your monthly payment to pay off your loan in 20 years instead of 25?

Answered Same DayDec 21, 2021

Answer To: you brought a house for $ 151,000, with a down payment of 30,000, which meant you took out a loan...

David answered on Dec 21 2021

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Ques: You brought a house for $ 151,000, with a down payment of 30,000, which meant you took out
a loan for $ 121,000, your interest rate was 5.7% fixed. How much additional money would you need
to add to your monthly payment to pay off your loan in 20 years instead of 25?
Given:
Principal Amount of loan = P = $ 121000...

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you brought a house for $ 151,000, with a down payment of 30,000, which meant you took out a loan for $ 121,000, your interest rate was 5.7% fixed. How much additional money would you need to add to...

Answer To: you brought a house for $ 151,000, with a down payment of 30,000, which meant you took out a loan...

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