You bought a house 8 years ago with a $250,000 mortgage. It was a 15 year loan

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You bought a house 8 years ago with a $250,000 mortgage. It was a 15 year loan with monthly payments which will pay off the loan when you make the last payment. The interest rate was 6%. What are your monthly payment and your current loan balance? How much interest will you pay in the upcoming year?

Posted Date: Nov 24, 2021 04:24 AM

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You bought a house 8 years ago with a $250,000 mortgage. It was a 15 year loan

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Data Loan Amount 250000 Interest rate 6 No of Years 15 Months 12 Year Loan Payment Interest Payment ... View the full answer

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