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.

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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

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