Rick Rueta purchased a $90,000 home at 45% for 30 years with a down payment of...
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Rick Rueta purchased a $90,000 home at 45% for 30 years with a down payment of $20,000. His annual real estate tax is $1,800 along with an annual insurance premium of $960. Rick's bank requires that his monthly payment include an escrow deposit for the tax and insurance. What is the total payment each month for Rick? (Use Table 15.1.) Note: Round your answer to the nearest cent. Total monthly payment Rick Rueta purchased a $90,000 home at 45% for 30 years with a down payment of $20,000. His annual real estate tax is $1,800 along with an annual insurance premium of $960. Rick's bank requires that his monthly payment include an escrow deposit for the tax and insurance. What is the total payment each month for Rick? (Use Table 15.1.) Note: Round your answer to the nearest cent. Total monthly payment
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