Home loan-what is the timeline

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Reference no: EM131131402

You have arranged for a loan on your new home that will require the first payment today. the loan is for $195,000, and the monthly payments are $1120. What is the timeline? If the loan will be paid off over the 300 months, what is the APR of the loan? If the first payment is in one month, what is the APR? Please show your work.

Reference no: EM131131402

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Home loan-what is the timeline : You have arranged for a loan on your new home that will require the first payment today. the loan is for $195,000, and the monthly payments are $1120. What is the timeline? If the loan will be paid off over the 300 months, what is the APR of the loan..

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