Mathematics, 16.12.2021 23:10 ggggggggv24
The seller was told by the bank that she has a prepayment penalty due at the time of closing the penalty is 6 months’ interest on the current loan balance. Based on 6% interest, her month payment is 569.57 principal and interest, and her loan balance was $95,000.00 the moth before closing. Once she makes her next monthly payment, how much will she owe in Prepayment penalty at the time of closing
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The seller was told by the bank that she has a prepayment penalty due at the time of closing the pen...
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