Lara is buying a home for $360,000. She is making a 10% down payment and financing the rest with a 30-year loan at 6% interest. What will her total payment for the home be? Round your answer to the nearest dollar
Monthly Mortgage Payment Per $1000 Borrowed
Term (years)
Rate
15 20 25 30
5.00%
7.908
6.600
5.846
5.368
5.25%
8.039
6.738
5.992
5.522
8.171
6.879
6.141
5.678
5.50%
5.75%
8.304
7.021
6291
5.836
6.00%
8.439
7.164
6.443
5.996
$699,372
$735,373
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K124) DE