To calculate the loan cost, we need to consider the down payment and the loan amount after deducting the down payment.
The down payment is 10% of the house price, which is 0.10 * $184,000 = $18,400.
The loan amount will be the remaining price after the down payment, which is $184,000 - $18,400 = $165,600.
To determine the loan cost, we need to know the interest rate on the loan. Please provide the interest rate, and I will gladly calculate the loan cost for you.
if i buy a house for $184,000, and plan on paying a down payment of 10% and doing a 30 year loan plan, what will the loan cost?
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