Mathematics
Mathematics, 21.09.2019 19:30, allisonatalie6654

If you put a down payment on a house of less than 20% of its value, you typically have to pay
penalty points
pmi
mortgage fees

answer
Answers: 1
Show answers

Similar questions

Предмет
Mathematics, 18.07.2019 15:00, katherine78
Afamily wants to purchase a house that costs $165 comma 000. they plan to take out a $125 comma 000 mortgage on the house and put $40 comma 000 as a down payment. the bank informs them that with a 15-year mortgage their monthly payment would be $740.18 and with a 30-year mortgage their monthly payment would be $518.33. determine the amount they would save on the cost of the house if they selected the 15-year mortgage rather than the 30-year mortgage
Answers: 1
continue
Предмет
Business, 07.09.2019 05:21, bigmandavis
You have just purchased and have obtained a 30-year, $2 mortgage with an interest rate of 10 percent. required: a. what is your annual payment? b. assuming you bought the house on january 1, what is the principal balance after one year? c. after four years, mrtgage rates drop to 8 percent for 30-year fixed-rate mortgages. you still have the old 10 percent mortgage you signed four years ago and you plan to live in the house for another five years. the total cost to refinance the mortgage is $3000, including legal fees, closing costs, and points. the rate on a five-year cd is 6 percent. should you refinance your mortgage or invest the $3,000 in a cd? the 6 percent cd rate is your opportunity cost of capital.
Answers: 2
continue
Предмет
Business, 16.10.2019 04:30, shimmerandshine1
You’ve decided to buy a house that is valued at $1 million. you have $350,000 to use as a down payment on the house, and want to take out a mortgage for the remainder of the purchase price. your bank has approved your $650,000 mortgage, and is offering a standard 30-year mortgage at a 10% fixed nominal interest rate (called the loan’s annual percentage rate or apr). under this loan proposal, your mortgage payment will be per month (a) $7,130.03 (b) $8,841.23 (c) $5,704.02 (d) $7,700.43
Answers: 3
continue
Do you know the correct answer?
If you put a down payment on a house of less than 20% of its value, you typically have to pay
...

Questions in other subjects:

Konu
English, 30.06.2019 10:30
How does achebe employ allusion? a. achebe frequently alludes to past events, rather than referring to them directly. b. achebe was drawing on a number of prior novels written in...
Konu
Mathematics, 30.06.2019 10:30
The ancient greeks were very interested in number patterns.
Konu
Mathematics, 30.06.2019 10:30
The figure shows a circle inscribed in a triangle. to construct the inscribed circle, angle bisectors were first constructed at each angle of the triangle. which happened next? a...
Konu
Mathematics, 30.06.2019 10:30
Kronos industries bought a desktop for $3,000. it is expected to depreciate at a rate of 10% per year. what will the value of the desktop be in 4 years? round to the nearest dolla...
Konu
Biology, 30.06.2019 10:30
Which is a correct statement about this illustration a) meiosis ii has begun b) genetic variation within chromosomes has increased c) a dipliod cell has become hapliod d) chromati...
Konu
Mathematics, 30.06.2019 10:30
Will mark brainliest - 75 find the factorization for the polynomial 100x^2- 20x+1 a.) (50x+1)^2 b.) (10x+1)^2 c.) (10x-1)^2 -1)^2...
Konu
Mathematics, 30.06.2019 10:30
National income (ni) is the sum of the incomes that all individuals in an economy earn in the forms of wages, interest, rents, and profits. it excludes government transfer payments...
Konu
Mathematics, 30.06.2019 10:30
The hexagon gikmpr is regular. the dashed line segments form 30 degree angles
Konu
Health, 30.06.2019 10:30
Have bodies that are of normal height and are well built....
Konu
English, 30.06.2019 10:30
What are topics best suited for a formal discussion? check all the apply...
Other tasks in the category: Mathematics More task
See results (0)