Question: I need help with C, D and E. thank you a lot! C. Suppose you decided to pay for this house by taking out a

I need help with C, D and E. thank you a lot!

I need help with C, D and E. thank you a lot!

C. Suppose you decided to pay for this house by taking out a fifteen year 3.04% fixed rate mortgage instead of the thirty year 3.74% fixed rate mortgage. What would be your required monthly mortgage payment for this 15 year mortgage assuming you still make the same 20% down payment. D. How much interest would you have saved by taking out the fifteen year fixed rate mortgage instead of the thirty year fixed rate mortgage. Interest saved E. Taking the above data into account, write a short paragraph comparing what you feel are the pros and cons of each type of mortgage. C. Suppose you decided to pay for this house by taking out a fifteen year 3.04% fixed rate mortgage instead of the thirty year 3.74% fixed rate mortgage. What would be your required monthly mortgage payment for this 15 year mortgage assuming you still make the same 20% down payment. D. How much interest would you have saved by taking out the fifteen year fixed rate mortgage instead of the thirty year fixed rate mortgage. Interest saved E. Taking the above data into account, write a short paragraph comparing what you feel are the pros and cons of each type of mortgage

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