Solution-What is your principle interest and balance

What is your principle interest and balance

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You are purchasing a home for $200,000 with a 20% down payment. You will pay 6% interest, for a 15 year loan. How much is your payment for the home (insurance is $60 per month and taxes are $85 per month.) What is your principle, interest and balance of the 12th and 60th payment?

Reference no: EM13854053

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What is your principle interest and balance

Reference no: EM13854053

Reference no: EM13854053

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