Say that you purchase a house for 266 000 by getting a mortgage for 235 000 and paying a 31 000 down payment
Say that you purchase a house for by getting a mortgage for and
Say that you purchase a house for by getting a
purchase a house for by getting a mortgage for and paying a down payment
Say that you purchase a house for by
getting a mortgage for and paying a down payment
Say that you purchase a house
Say that you
Say that you purchase a house for \$266,000 by getting a mortgage for \$235,000 and paying a \$31,000 down payment.

 Category: Words: Amount: \$25 Writer: 0

Paper instructions

Say that you purchase a house for \$266,000 by getting a mortgage for \$235,000 and paying a \$31,000 down payment. If you get a 25-year mortgage with a 8 percent interest rate, what are the monthly payments? (Do not round intermediate calculations and round your final answer to 2 decimal places.) PMT\$=? What would the loan balance be in ten years? (Round the payment amount to the nearest cent but do not round any other interim calculations. Round your final answer to 2 decimal places.) PVA\$=? If the house appreciates at 4 percent per year, what will be the value of the house in ten years? (Do not round intermediate calculations and round your final answer to 2 decimal places.) FV\$=? How much of this value is your equity? (Do not round intermediate calculations and round your final answer to 2 decimal places.) equity\$=? 4 part answer question