The Trissel family agreed on a price of $229,300 for a home. Their company credit union offers a
6.3% 20-year loan with 15% down, resulting in a monthly payment of $1,430.30. Find the monthly
payment for the Trissels if they choose a 15-year loan instead of 20. How much money would they
save overall?

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The Answer of The Trissel family agreed on a price of $229,300 for a home. Their company credit union offers a
6.3% 20-year loan with 15% down, resulting in a monthly payment of $1,430.30. Find the monthly
payment for the Trissels if they choose a 15-year loan instead of 20. How much money would they
save overall?

The Trissel Family Agreed on a Price of $229,300 for a Home