managerical finance
posted by selam .
You want to purchase a new condominium which costs $329,000. Your plan is to pay 20 percent down in cash and finance the balance over 25 years at 6.25 percent. What will be your monthly mortgage payment?

managerical finance 
Steve
you will finance 80% of 329000 = 263200
just plug that into your amortization formula.
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