29.3 Quiz Total Housing Payments
Question 8 of 10
2 Points
Travi...
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Mathematics, 27.02.2020 05:27 jetblackcap
29.3 Quiz Total Housing Payments
Question 8 of 10
2 Points
Travis is purchasing a $225,000 home with a 30-year mortgage at 5.15%.
Because he is not making a down payment, PMI in the amount of
$84.50/month is required for the first 2 years of the loan. Based on this
information, what is the total cost of this loan?
O
A. $444,309.60
B. $421,369.20
O
O
C. $452,092.10
O
D. $423,042.96
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