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Mathematics, 28.03.2020 00:44 krizzle168

Joanna earns a gross annual income of $68,450 and is buying a home for $134,900. She is
making a 20% down payment and financing the rest with a 20-year loan at 4.25% interest
questions ⬇️
1: what is her mortgage amount she’ll borrow ?

2: can she afford this mortgage ?

3: what will her monthly mortgage payment be ?

4: what will her total payment for the house be ?

5: what is the amount of interest she will pay ?


Joanna earns a gross annual income of $68,450 and is buying a home for $134,900. She is making a 20%

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Joanna earns a gross annual income of $68,450 and is buying a home for $134,900. She is
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