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4 years ago

14

say that you are purchasing a house for 235,000 and have an excellent credit score.(4.75%) If you pay $1,678.93 at the end of th

e first month,how much is applied to the principle balance?

1 answer:

Yuki888 [10]4 years ago

7 0

At 4.75% your monthly payment is<span> $1,678.93 = $748.72 is applied to the principal balance of $235,000</span>

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