Grayson took out a 30 year mortgage of $600,000 9 years ago at an APR of 7 with monthly payments He is looking to refinance his loan to have a maturity of 15 years with an APR of 5 What would be Grayson's new monthly payment after refinancing Grayson took out a 30 year mortgage of $600,000 9 years...

To calculate Graysons new monthly payment after refinancing we can use the mortgage loan formula M P ...

Grayson took out a 30-year mortgage of $600,000 9 years ago at an APR of 7%...

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Jun 01, 2023 07:44 AM

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Grayson took out a 30-year mortgage of $600,000 9 years ago at an APR of 7%...

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