Posted by **nichole** on Wednesday, June 29, 2011 at 5:13pm.

Lauren and mark obtained a 20 year 120,000 conventional mortgage at 10.5% on a house selling 150,000. their monthly mortgage payment including principal and interest is 1197.60. determine the total amount they will pay for their house. how much of the cost will be interest. how much of the first payment on the mortgage is applied to the principal.

what is the total amount Lauren and Mark will pay for their house?

## Answer This Question

## Related Questions

- Urgent math - A couple needs a mortgage of $300,000. Their mortgage broker ...
- math - Ever wonder how much a house “actually” costs? Consider Alex and Sabrina ...
- accounting - House mortgage You have just purchased a house and have obtained a...
- Math - 1.--Cody and Carolyn have a 20/7 balloon mortgage for $216,000 with a ...
- Math - The Chavara family buys a house for $225,000. They pay $50,000 down and ...
- consumer math grade 12 - jesse buys a 150 000 house and will make a 30 000 down ...
- please help urgent - A couple needs a mortgage of $300,000. Their mortgage ...
- Economics - Calculate the total dollar amount paid for a house purchased for $...
- accounting - You have just purchased a house and have obtained a 30-year, $200,...
- Finance - Say that you purchase a house for $270,000 by getting a mortgage for $...

More Related Questions