Question: Answer the questions under the charts using the charts. for each chart there is a set of questions pertaining to the identical chart. Submit your
Answer the questions under the charts using the charts. for each chart there is a set of questions pertaining to the identical chart.
Submit your numeric answer for the home purchase option for the conventional 7% down option:
- For 15 year loan, what is the monthly payment without PMI (round to the nearest penny)?
- For 30 year loan, what is the monthly payment without PMI (round to the nearest penny)?
- For 15 year loan, what is the total interest paid not including PMI (round to the nearest penny)?
- For 30 year loan, what is the total interest paid not including PMI (round to the nearest penny)?
- For 15 year loan or 30 year loan, what is the monthly PMI (round to the nearest penny)?
- For 15 year loan, what is the total PMI paid (round to the nearest penny)?
- For 30 year loan, what is the total PMI paid (round to the nearest penny)?
- For 15 year loan, what is the overall total cost paid for the house (round to the nearest penny)?
- For 30 year loan, what is the overall total cost paid for the house (round to the nearest penny)?
Submit your numeric answer for the home purchase option for the conventional 20% down option:
- For 15 year loan, what is the monthly payment (round to the nearest penny)?
- For 30 year loan, what is the monthly payment (round to the nearest penny)?
- For 15 year loan, what is the total interest paid(round to the nearest penny)?
- For 30 year loan, what is the total interest paid(round to the nearest penny)
- For 15 year loan, what is the total cost paid for the home(round to the nearest penny)?
- For 30 year loan, what is the total cost paid for the home(round to the nearest penny)?
Submit your numeric answer for the home purchase option for the FHA 3.5% down option:
- For 15 year loan, what is the monthly payment without PMI(round to the nearest penny)?
- For 30 year loan, what is the monthly payment without PMI(round to the nearest penny)?
- For 15 year or 30 year loan, what is the monthly PMI(round to the nearest penny)?
- For 15 year loan, what is the total PMI paid for the life of the loan (round to the nearest penny)?
- For 30 year loan, what is the total PMI paid for the life of the loan (round to the nearest penny)?
- For 15 year loan, what is the total interest paid for the life of the loan not including PMI (round to the nearest penny)?
- For 30 year loan, what is the total interest paid for the life of the loan not including PMI (round to the nearest penny)?
- For 15 year loan, what is the total cost paid for the life of the loan (round to the nearest penny)?
- For 30 year loan, what is the total cost paid for the life of the loan (round to the nearest penny)?
New Home purchases: \$335.000 (final cost)
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