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Find the total amount he pays for the house

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Question - James buys a house for $370,000. He puts 70,000 down and then finances the rest at 6.3% interest compouneed monthly for 25 years.

A) Find his monthly payment

B) Find the total amount he pays for the house

C) Find the total amount of interest he pays.

D) Find the amount he still owes after 23 years.

E) Find the amount he still owes after 21 years.

F) Find the total amount of interest he pays in year 24.

Reference no: EM131730182

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