Mathematics, 01.09.2019 06:20 jennsou

You want to buy a $244,000 home. you plan to pay 20% as a down payment, and take out a 30 year loan at 5.5% interest for the rest.
a) how much is the loan amount going to be?
b) what will your monthly payments be?

Answers: 1

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More questions: Mathematics Another questions

You want to buy a $244,000 home. you plan to pay 20% as a down payment, and take out a 30 year loan at 5.5% interest for the rest. a) how much is the loan amount going to be? b) what will your monthly payments be?

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Another question on Mathematics

You want to buy a $244,000 home. you plan to pay 20% as a down payment, and take out a 30 year loan at 5.5% interest for the rest.
a) how much is the loan amount going to be?
b) what will your monthly payments be?