Mathematics, 15.04.2020 19:56, Lujfl

Suppose that you would like to buy a home priced at $300,000. You make a 15% down payment on the house. Compute the total monthly payment for a 30 year mortgage at 3.6% annual interest rate.

If the escrow is 1.5% of the purchase price, what is the monthly payment plus the escrow for each month?

(If possible, please show or explain the work)

Answers: 3

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Suppose that you would like to buy a home priced at $300,000. You make a 15% down payment on the hou...