Question: Please provide complete work You plan to purchase a 430,000 house using 30-year mortgage obtained from your local bank. The mortgage rate offered to you

Please provide complete work

Please provide complete work You plan to purchase a 430,000 house using

You plan to purchase a 430,000 house using 30-year mortgage obtained from your local bank. The mortgage rate offered to you is 4.5%. You will make the down payment of 20 percent of the purchase price. Calculate your monthly payment on this mortgage? Also, show how much total interest will you be paying

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