Solution-What will be your annual payment if you sign

What will be your annual payment if you sign mortgage

Reference no: EM132373633

You are thinking of purchasing a house. The house costs $ 250 comma $250,000. You have $ 36 comma $36,000 in cash that you can use as a down payment on the? house, but you need to borrow the rest of the purchase price. The bank is offering a 30?-year mortgage that requires annual payments and has an interest rate of 10% per year. What will be your annual payment if you sign this? mortgage?

Reference no: EM132373633

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What will be your annual payment if you sign mortgage : The bank is offering a 30?-year mortgage that requires annual payments and has an interest rate of 10% per year. What will be your annual payment if you sign

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What will be your annual payment if you sign mortgage

Reference no: EM132373633

Reference no: EM132373633

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