Posted by Gabby on Wednesday, March 13, 2013 at 1:10pm.
$319,900 - 63,980 = ?
can you explain pmi?
http://www.bankrate.com/finance/mortgages/the-basics-of-private-mortgage-insurance-pmi.aspx
Thanks
You're welcome.
What would my monthly payment be on my loan ($255,920.00) if I pay for 25 years at 6.5%?
I = PRT
I = 225,900 * 0.065 * 25
I = 367,087.50
367,087.50 + 255,920.00 = 623,007.5
623,007.5 / 300 months = $2,076.69 per month
what is PRT?
Principal times Rate times Time
Where did you get the amountif $225,900?
Where did you get the principal amount which is 225,900?
Where did you get the principal amount which is 225,900?
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