Torra

Popular questions and responses by Torra
  1. algebra

    Suppose that you want to purchase a home for $450,000 with a 30 year mortgage at 6% interest. Suppose that you can put 30% down. Assume that the monthly cost to finance $1,000 is $6.00. What are the monthly payments? Steps or examples please

    asked on November 23, 2011
  2. Algebra

    Financial Project Five years ago, you bought a house for $171,000. You had a down payment of $35,000, which meant you took out a loan for $136,000. Your interest rate was $5.6% fixed. You would like to pay more on your loan. You check your bank statement

    asked on November 9, 2011
  1. algebra

    Thanks. But I am trying to figure out how did you get $2138.18 I did the calculations but I do not come up with your answer.

    posted on November 26, 2011