Mathematics, 13.12.2019 01:31 Nevaeh3700

Daniel is purchasing a $198,000 home with a 30-year mortgage at 5.5%.
because he is not making a down payment, pmi in the amount of
$93.50/month is required for the first two years of the loan. based on this
information, what is the total cost of this loan?

Daniel is purchasing a $198,000 home with a 30-year mortgage at 5.5%. because he is not making

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Daniel is purchasing a $198,000 home with a 30-year mortgage at 5.5%.
because he is not making...

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Daniel is purchasing a $198,000 home with a 30-year mortgage at 5.5%. because he is not making a down payment, pmi in the amount of $93.50/month is required for the first two years of the loan. based on this information, what is the total cost of this loan?

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Another question on Mathematics

Daniel is purchasing a $198,000 home with a 30-year mortgage at 5.5%.
because he is not making a down payment, pmi in the amount of
$93.50/month is required for the first two years of the loan. based on this
information, what is the total cost of this loan?