Mathematics, 29.09.2019 07:10, idontknowmaths
Theresa is buying a condo that costs $127,500. she has $8,300 in savings and earns $3,200 a month. theresa would like to spend no more than 20% of her income on her mortgage payment. which loan option would you recommend to theresa?
a. 30 year fixed, 6.5% down at a fixed rate of 5%
b. 30 year fha, 3.5% down at a fixed rate of 6.5%
c. 30 year fixed, 5% down at a fixed rate of 6.25%
d. 30 year fixed, 10% down at a fixed rate of 5.75%
Answers: 1
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Theresa is buying a condo that costs $127,500. she has $8,300 in savings and earns $3,200 a month. t...
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