Question: QUESTION 5 Let's assume that you get a letter from your lending insitution stating that they will offer you the loan. You have calculated your
QUESTION 5 Let's assume that you get a letter from your lending insitution stating that they will offer you the loan. You have calculated your down payment and interest rate and have found that your monthly payments will be $763.86. You find a realtor and start looking at houses. The realtor tells that the propoerty tax on the house you are looking at is about $1,605 a year. How much is this monthly? O A $133.75 OB. 5145.00 OC. $1,300 OD. 51.450,67 QUESTION 6 Your mortage lender tells you that you must purchase homewoners insurance on the house. The price is around $1,400 a year for the hosue you like. How much is this monthly? OA $100.00 $116.67 51.116.00 O 0.51,213.00
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