Answer the following questions about your possible future home purchase by filling in all information below. If I buy a house for __________ , pay 20% downpayment and obtain 30 year mortgage with interest rate 3.2% then my loan amount is going to be ______________, my monthly payment will be __________________. Over the 30 years I will pay total interest of _______________, and the total amount I will pay over 30 years will be ____________. (You may use online APR calculator or do it by hand) Print your answer as a list of 5 answers: house price =_____________ loan amount=______________ monthly payment=______________ total interest=_________________ total amount paid=_______________
Answer the following questions about your possible future home purchase by filling in all information below. If I buy a house for __________ , pay 20% downpayment and obtain 30 year mortgage with interest rate 3.2% then my loan amount is going to be ______________, my monthly payment will be __________________. Over the 30 years I will pay total interest of _______________, and the total amount I will pay over 30 years will be ____________. (You may use online APR calculator or do it by hand) Print your answer as a list of 5 answers: house price =_____________ loan amount=______________ monthly payment=______________ total interest=_________________ total amount paid=_______________
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Answer the following questions about your possible future home purchase by filling in all information below.
If I buy a house for __________ , pay 20% downpayment and obtain 30 year mortgage with interest rate 3.2% then my loan amount is going to be ______________, my monthly payment will be __________________.
Over the 30 years I will pay total interest of _______________, and the total amount I will pay over 30 years will be ____________.
(You may use online APR calculator or do it by hand)
Print your answer as a list of 5 answers:
house price =_____________
loan amount=______________
monthly payment=______________
total interest=_________________
total amount paid=_______________
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