Mathematics
Mathematics, 25.11.2019 19:31, kyrabrown33

You are applying for an 80/20 mortgage to buy a house costing $175,000.
the first (80%) mortgage has an interest rate of 4.75%, and the second (20%)
mortgage has an interest rate of 7.525%. both the first mortgage and the
second mortgage are 30-year fixed-rate mortgages. what will the total
amount of the mortgage be?

answer
Answers: 2

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You are applying for an 80/20 mortgage to buy a house costing $175,000.
the first (80%) mortga...

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