You found your dream house.It will cost you $175,000 and you will put down $35,000 as a down payment.For the rest you get a 30-year 6.25% mortgage.What will be your monthly mortgage payment (assume no early repayment) ?
A) $729
B) $862
C) $389
D) $605
Correct Answer:
Verified
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$133.10
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