Saturday
November 22, 2014

Homework Help: math

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

First Name:
School Subject:
Answer:

Related Questions

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...
consumer math grade 12 - jesse buys a 150 000 house and will make a 30 000 down ...
math - A lender gives you a choice between the following two 30-year mortgages ...
Finance - Say that you purchase a house for $270,000 by getting a mortgage for $...
Math - 1.--Cody and Carolyn have a 20/7 balloon mortgage for $216,000 with a ...
accounting - You have just purchased a house and have obtained a 30-year, $200,...
College Algebra and Finance - Please help! Just need the answer... A lender ...
business developement - Calculate the monthly mortgage payment for only the ...
Economics - Calculate the total dollar amount paid for a house purchased for $...

Search
Members