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Find the Total Monthly Payment Including Taxes and Insurance for the Loan

Question 120

Multiple Choice

Find the total monthly payment including taxes and insurance for the loan. Round to the nearest cent. Find the total monthly payment including taxes and insurance for the loan. Round to the nearest cent. -Amount of loan: $137,000 Interest rate: 6% Term of loan: 25 years Annual taxes: $2,139 Annual insurance: $627 A) $1,252.52 B) $1,096.34 C) $1,155.25 D) $924.75
-Amount of loan: $137,000
Interest rate: 6%
Term of loan: 25 years
Annual taxes: $2,139
Annual insurance: $627


A) $1,252.52
B) $1,096.34
C) $1,155.25
D) $924.75

Correct Answer:

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