Assume you took a 3 0 - year mortgage loan in the amount of $ 3 0

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Question:

Assume you took a

30 -

year mortgage loan in the amount of $

300, 000 .

If the mortgage rate is

3.75 %,

what is the monthly payment?

Related Book For answer-question

Real Estate Finance and Investments

ISBN: 978-0073377339

14th edition

Authors: William Brueggeman, Jeffrey Fisher

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Posted Date: Apr 22, 2024 10:57 AM

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Assume you took a 3 0 - year mortgage loan in the amount of $ 3 0

Question:

Expert Answer:

To calculate the monthly payment for a mortgage loan we can use the formula for the monthly payment ... View the full answer

Real Estate Finance and Investments

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