Mathematics, 08.12.2021 07:50 tyjae1601

Phil is going to purchase a home with a sale price of $225,000. He is able to put 20% down for her down-payment and get a mortgage for the balance. The cost of home insurance is $3,200 yearly. The taxes are $1,170 yearly. He is trying to decide between a 30 year fixed loan and a 15 year fixed loan. Interest rate for the 30-year mortgage is 3.75%. Interest rate for the 15-year mortgage is 2.85%. Phil's credit score is 725. 5) What will his monthly payment be, including taxes, insurance, and other fees, rounded to the nearest dollar, if he chooses the 30 year fixed?

6) How much will Nick have paid total for the house for the 30-year fixed mortgage?

7) What will his monthly payment be, including taxes, insurance, and other fees, rounded to the nearest dollar, if he chooses the 15 year fixed?

8) How much will he have paid total for the house if he does a 15-year mortgage?

Answers: 1

Show answers

Another question on Mathematics

Mathematics, 21.06.2019 19:30

What is the effect on the graph of the function f(x)=x when f(x) is replaced with -f(x)+4

Answers: 1

Answer

Mathematics, 21.06.2019 23:00

Afunction, f(x), represents the height of a plant x months after being planted. students measure and record the height on a monthly basis. select the appropriate domain for this situation. a. the set of all positive real numbers b. the set of all integers oc. the set of all positive integers od. the set of all real numbers reset next

Answers: 3

Answer

Mathematics, 21.06.2019 23:00

The height of a birch tree, f(x), in inches, after x months is shown in the graph below. how much does the birch tree grow per month, and what will be the height of the birch tree after 10 months? a. the birch tree grows 1 inch per month. the height of the birch tree will be 16 inches after 10 months. b. the birch tree grows 2 inches per month. the height of the birch tree will be 26 inches after 10 months. c. the birch tree grows 3 inches per month. the height of the birch tree will be 36 inches after 10 months. d. the birch tree grows 2 inches per month. the height of the birch tree will be 24 inches after 10 months.

Answers: 1

Answer

Mathematics, 22.06.2019 01:00

Mia’s gross pay is 2953 her deductions total 724.15 what percent if her gross pay is take-home pay

Answers: 1

Answer

You know the right answer?

Phil is going to purchase a home with a sale price of $225,000. He is able to put 20% down for her d...

Questions