Answer:
Kindly check explanation
Step-by-step explanation:
Given the following :
Price of home = $220,000
Down payment = 20%
3 points at closing
30 years fixed rate mortgage at 7%
A.)The down payment :
20% of price
0.2 × $220,000 = $44,000
B.) Amount of the Mortgage :
Price - down payment
$220,000 - $44,000 = $176,000
C.) Amount to be paid for the 3 point of closing :
3% of mortgage amount
0.03 * $176,000 = $5,280
D.) monthly payment :
(mortgage amount(1 + rate)) / 30* 12
176000(1 + 0.07)
($176,000 + $12320) / 360
$523
E.) Total cost of interest :
0.07 * 176000 = $12,320
Answer:
there is no table, just a list of numbers. we need a table or maybe a ss for reference
1 feet is 12 inches and there is 6 segments in one feet then in 12 feet there is 72 segments
Answer:
4
Step-by-step explanation:
