Lilly took out an 80/20 mortgage to buy a house costing $100,000. the first
(80%) mortgage has...
Mathematics, 02.12.2019 19:31, amanuelwold
Lilly took out an 80/20 mortgage to buy a house costing $100,000. 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 is her monthly
payment on the first mortgage?
Answers: 3
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