What is the outstanding balance after 6 years how much will


A fully amortizing constant payment mortgage is made for $1,100,000 at 8% over 30 years. What are the payments on the loan? What is the outstanding balance after 6 years? How much will you have paid in total interest and principal over those 6 years?

Solution Preview :

Prepared by a verified Expert
Finance Basics: What is the outstanding balance after 6 years how much will
Reference No:- TGS02817233

Now Priced at $10 (50% Discount)

Recommended (91%)

Rated (4.3/5)