Ask questions and get helpful responses.


The Bainters purchase the $150,000.00 home with a 20%
down payment, a 30-year mortgage, and an interest rate of 4.2%. Annual property taxes are $1920.00. Home insurance is $750.00 per year, which is to be placed into an escrow account.

What is the total first-year cost when renting the home?





Please Help!!

I have the total cost of payments being 809.32 plus the monthly payment p&i 586.82 Im not sure how to solve for the total first year cost ??

  1. 👍
  2. 👎
  3. 👁
  4. ℹ️
  5. 🚩

Respond to this Question

First Name

Your Response

Still need help? You can ask a new question.