subject
Mathematics, 07.09.2021 16:20 deadpoolcorvettehats

Giselle wants to buy a condo that has a purchase price of $163,000. Giselle earns $2,986 a month and wants to spend no more than 25% of her income on her mortgage payment. She has saved up $33,000 for a down payment. Giselle is considering the following loan option: 20% down, 30 year at a fixed rate of 6.25%. What modification can be made to this loan to make it a viable option, given Giselle’s situation? a. Change to a 15 year fixed loan b. Change the interest to 5.5% c. Change the down payment to 18% down d. None. This is a viable option for Giselle. Please select the best answer from the choices provided A B C D

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 15:50
Which formula finds the probability that a point on the grid below will be in the blue area? p(blue) = total number of squares number of blue squares number of blue squares p(blue) = total number of squares number of blue squares p(blue) = number of white squares
Answers: 1
question
Mathematics, 21.06.2019 16:00
Data are collected to see how many ice-cream cones are sold at a ballpark in a week. day 1 is sunday and day 7 is the following saturday. use the data from the table to create a scatter plot.
Answers: 2
question
Mathematics, 21.06.2019 18:30
Which representation has a constant of variation of -2.5
Answers: 1
question
Mathematics, 21.06.2019 21:00
Which line is parallel to the line that passes through the points (2, –5) and (–4, 1) a. y=-x+5 b. y=-2/3x+3 c. y=2/3x-2 d. y=x+5
Answers: 2
You know the right answer?
Giselle wants to buy a condo that has a purchase price of $163,000. Giselle earns $2,986 a month and...
Questions
question
Mathematics, 25.03.2021 17:00
question
Mathematics, 25.03.2021 17:00
question
Computers and Technology, 25.03.2021 17:00
question
Computers and Technology, 25.03.2021 17:00
Questions on the website: 13722359