You need a 30-year fixed-rate mortgage to buy a new home
You need a 30-year, fixed-rate mortgage to buy a new home for $640,000. Your mortgage bank will lend you the money at a 9% APR for this 120 quarter loan. What should be the quarterly mortgage payment if you agree to a Balloon Payment of $100,000?
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you need a 30-year fixed-rate mortgage to buy a new home for 640000 your mortgage bank will lend you the money at a 9
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