Ask a New Question
Menu

Suppose that you want to purchase a home for $450,000 with a 30 year mortgage at 6% interest. Suppose that you can put 40% down. Assume that the monthly cost to finance $1,000 is $6.00. What is the total amount of interest paid on the 30 year loan?

Similar Questions
  1. Suppose the Bainters purchase the $150,000.00 home with a 20%down payment, a 30-year mortgage, and an interest rate of 4.2%.
    1. answers icon 1 answer
  2. Suppose the Bainters purchase the $150,000.00home with a 20% down payment, a 30- year mortgage, and an interest rate of 4.2%.
    1. answers icon 1 answer
    1. answers icon 1 answer
    1. answers icon 1 answer
more similar questions