Business, 14.02.2020 01:22 dawsgreer4302

A 22-year old college graduate just got a job in Nashville. She is considering buying a house with a $230,000 mortgage. The APR is 4% compounded monthly for her monthly mortgage payments on a 27-yearfixed rate loan. If she can get her FICO score up to 750, the APR drops to 3.6%.How much in interest cost will she save over the life of the loan assuming she can increase her FICO score to 750?Monthly payments on the 4% loan will be(Round to the nearest dollar.)Monthly payments on the 3.6% loan will be(Round to the nearest dollar.)The total interest saved over 30 years will be(Round to the nearest dollar.)

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A 22-year old college graduate just got a job in Nashville. She is considering buying a house with a...

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