Pablo took out an 80/20 mortgage to buy a house that cost $140,000. The first
(80%) mortgage h...
Mathematics, 15.04.2020 23:48 aylineorozco836
Pablo took out an 80/20 mortgage to buy a house that cost $140,000. The first
(80%) mortgage has an interest rate of 4.75%, and the second (20%) mortgage
has an interest rate of 7.525%. Both the first mortgage and the second mortgage
are 30-year fixed-rate mortgages. What is the total monthly mortgage payment
for the house?
Answers: 2
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