All categories

1 year ago

Does a monthly fixed-rate mortgage payment change?

1 answer:

6 0

A fixed-rate mortgage's great benefit would be that your monthly payment won't change throughout the duration of the loan. The principal and interest, which make up a portion, won't alter.

What is a mortgage and how does it take a job?

When you get a mortgage, your lender will give you a certain amount of money to buy the house. You agree to pay interest while repaying the loan over a period of years.

What salary is used to cover the mortgage?

The 28% rule states that your mortgage payment ought to be 28% less than of your gross monthly income. To figure how much you can spend using this strategy, multiply your monthly total pay by 28%.

To know more about Mortgage visit:

brainly.com/question/8084409

#SPJ4

You might be interested in

Which situation best illustrates the role of businesses in the circular flow of goods?

OLEGan [10]

Answer:

Explanation:

now am not sure but i think the answer is A

4 0

3 years ago

Read 2 more answers

A Condominium owner files a declaration with the county clerk which divides his individual ownership and ownership in common ele

Degger [83]

Answer:

subdivision

Explanation:

A real property subdivision takes place when a real property (parcel of land, house, etc.) is divided into smaller areas. The whole idea behind a subdivision is that it should be easier to sell the property in smaller parts.

When a subdivision is carried out on a condominium, the physical space is not divided, rather the property time is divided into time share units. In this case, a person can purchase the right to use that condominium during 3 weeks each year.

4 0

3 years ago

Applying Factory Overhead Bergan Company estimates that total factory overhead costs will be $620,000 for the year. Direct labor

gizmo_the_mogwai [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Applying Factory Overhead Bergan Company estimates that total factory overhead costs will be $620,000 for the year. Direct labor hours are estimated to be 80,000.

A) Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 620,000/80,000= $7.75 per direct labor hour

B) Bergan Company accumulated 2,500 hours of direct labor costs on Job 200 and 3,000 hours on Job 305.

Job 200:

Allocated overhead= 2,500*7.75= $19,375

Job 305:

Allocated overhead= 3,000*7.75= $23,250

C) Job 200 19,375

Job 305 23,250

Allocated Overhead 42,625

6 0

3 years ago

________ is the extent to which a firm's internal activities encompass one, some, many, or all activities that make up an indust

Alecsey [184]

Answer:

BE Scoping strategy CC Horizontal scope D.A)Horizontal installation.

6 0

3 years ago

Using a dividend discount model, what is the value of a stock that pays an annual dividend of $5 that is not expected to grow, a

Alenkasestr [34]

Answer:

a. Value of the stock without growth rate

= D1 / (r - g)

= $5 / (10% - 0)

= $5 / 10%

= $5 / 0.10

= $50

b. Value of the stock with growth rate

= D1 / (r - g)

= $5 / (10% - 5%)

= $5 / 5%

= $5 / 0.05

= $100

5 0

2 years ago