subject
Mathematics, 25.03.2020 18:02 khuak877

Filomena is deciding between two mortgages for her new home. The first
mortgage is an 80/20 mortgage with interest rates of 4.75 and 7.525%,
respectively. The second mortgage is a 30-year mortgage with a 5.25% and a
$42.56 monthly PMI. If the house price is $100,000, which mortgage payment
will be lower initially, and by how much?
O
A. 30-year mortgage by $39.55
O
B. 80/20 mortgage by $55.01
O
C. 30-year mortgage by $33.28
O
D. 80/20 mortgage by $37.25

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 18:30
The base of a triangle exceeds the height by 9 inches. if the area is 180 square inches, find the length of the base and the height of the triangle.
Answers: 1
question
Mathematics, 21.06.2019 19:00
Me asap on # : explain how factoring a trinomial, ax^2+ bx+ c, when a does not equal 1 different from factoring a trinomial when a = 1.
Answers: 2
question
Mathematics, 21.06.2019 19:30
Is the power produced directly proportional to the wind speed, give reasons for your answer?
Answers: 1
question
Mathematics, 21.06.2019 23:30
Sally deposited money into a savings account paying 4% simple interest per year.the first year,she earned $75 in interest.how much interest will she earn during the following year?
Answers: 2
You know the right answer?
Filomena is deciding between two mortgages for her new home. The first
mortgage is an 80/20 mo...
Questions
question
Mathematics, 26.03.2020 15:34
question
Mathematics, 26.03.2020 15:34
question
Mathematics, 26.03.2020 15:35
question
Mathematics, 26.03.2020 15:35
question
Mathematics, 26.03.2020 15:35
question
Mathematics, 26.03.2020 15:36
Questions on the website: 13722360