Mathematics, 07.06.2020 00:03, jazmaine1217

Dudley took out an 80/20 mortgage to buy a $145,000 house. The first (80%) mortgage has an interest rate of 4.75%, and the second (20%) mortgage has
an interest rate of 7.525%. Both mortgages are 30-year fixed-rate mortgages.
What is the total mortgage payment for this house?
O A. $203.27
O B. $605.11
O c. $730.31
O D. $808.38

Answers: 2

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Dudley took out an 80/20 mortgage to buy a $145,000 house. The first (80%) mortgage has an interest...