Mathematics, 04.01.2022 08:20 angellinelittle
A house sells for $69,500 and a 30% down payment is made. A 15-year mortgage at 8% was obtained. Find the monthly payment and the total interest paid.
Monthly Payment Per $1000 of Mortgage
(Includes Principle and Interest)
Number of years
Rate (%) 15 30
6.5 $8.71 $6.32
7 $8.99 $6.65
7.5 $9.28 $6.99
8 $9.56 $7.34
Answers: 3
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A house sells for $69,500 and a 30% down payment is made. A 15-year mortgage at 8% was obtained. Fin...
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