Business, 10.11.2020 17:20, marissaimuniz

A home valued at $168,500 has just had a 70% mortgage loan placed on it. The interest rate is 5.25%. The monthly payment is $651.32 including principal and interest. What will the principal balance of the mortgage loan be after the next monthly payment is made?

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A home valued at $168,500 has just had a 70% mortgage loan placed on it. The interest rate is 5.25%....