Angela has just purchased a home for $159,000. A mortgage company has approved her loan application for a 30​-year ​fixed-rate loan at 5.00​%. Angela has agreed to pay 10​% of the purchase price as a down payment. Find the: down​ payment, amount of​ mortgage, monthly payment and the total cost of the home after financing

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A: Ans is given in following photo

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A: We know,  APR = 2Nr/N-1

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Q: Lois received a 9-year subsidized student loan of $39,000 at an annual interest rate of 4.625%.…

A: If you have any problem let me know in comment box thankyou.

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A: Given Selling price = $247,000 Loan remaining ( that has to be paid off)  = $134,850

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A: Gross earnings = $1895

Q: find the monthly mortgage loan payment for a $174,000 loan at 2.2% for 30 years.

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