Question: ( 1 5 points ) Jerry and Gerry plan to buy a townhouse for $ 3 5 0 , 0 0 0 . They would

(15 points) Jerry and Gerry plan to buy a townhouse for $350,000. They would make a $30,000 down payment and finance the rest with a 30-year loan at 2.4% interest. Prperty taxes are $12,800 per year, homeowners, insurance is $1620 per year, and PMI would be $60 per month.
What will their total monthly PITI payment be for the townhouse?
 (15 points) Jerry and Gerry plan to buy a townhouse for

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