Suppose you obtain a 20-year mortgage loan of $192,000 at an annual interest rate of 8.5%. The annual property tax bill is $971 and the annual fire insurance premium is $483. Find the total monthly payment for the mortgage, property tax, and fire insurance. (Round your answer to the nearest cent.)

Answer rating: 100% (QA)

Here are the calculations Monthly mortgage payment Loan amount 192000 Interes... View the full answer