Mathematics, 24.12.2019 06:31 harleymustangs4992
Robert took out an 80/20 mortgage to buy a $100,000 house. the first (80%) mortgage has an interest rate of 4.75%, and the second (20%) mortgage has an interest rate of 7.525%. both mortgages are 30-year fixed-rate mortgages. what is the total mortgage payment for this house?
a. $140.19
b. $557.51
c. $439.87
d. $417.32
Answers: 3
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Robert took out an 80/20 mortgage to buy a $100,000 house. the first (80%) mortgage has an interest...
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