Jenelle bought a home for $330,000, paying 22% as a down payment, and financing the rest at 6.8% interest for 30 years. Round your answers to the nearest cent.
How much money did Jenelle pay as a down payment? S
What was the original amount financed? $
What is her monthly payment? $
If Jenelle makes these payments every month for thirty years, determine the total amount of money she
will spend on this home. Include the down payment in your answer. S