You want to buy a $210,000 home. You plan to pay $10500 as a down payment, and take out a 30 year loan for the rest. a) How much is the loan amount going to be? b) What will your monthly payments be...


You want to buy a $210,000 home. You plan to pay $10500 as a down payment, and take out a 30 year loan<br>for the rest.<br>a) How much is the loan amount going to be?<br>b) What will your monthly payments be if the interest rate is 6% monthly?<br>c) What will your monthly payments be if the interest rate is 7% monthly?<br>$<br>

Extracted text: You want to buy a $210,000 home. You plan to pay $10500 as a down payment, and take out a 30 year loan for the rest. a) How much is the loan amount going to be? b) What will your monthly payments be if the interest rate is 6% monthly? c) What will your monthly payments be if the interest rate is 7% monthly? $

Jun 08, 2022
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