Types of mortgages
Question:You buy a house for $500,000 and put 20% down payment. You get a 30 year fixed rate mortgage at 6.2% .A) What is your monthly payment?B) How much would you save if you pay an extra $100 per month?
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You buy a house for $500,000 and put 20% down payment. You get a 30 year fixed rate mortgage at 6.2%.
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