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Mortgage
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Questions (106)
Rebecca and Tom Payton have decided to buy a home that costs $200,000. The Paytons can put down 20% of the home's price. They
3 answers
asked by
Anonymous
514 views
jesse buys a 150 000 house and will make a 30 000 down payment the bank will charge him an interest rate of 5% with the mortgage
2 answers
asked by
jodi jerome
669 views
The graph and table below give the monthly principal and interest payments for a mortgage from 1999 to 2004. Use this
3 answers
asked by
Deb
433 views
A potential homebuyer has an annual income of $40,000.00. Assuming an affordable monthly mortgage payment of $850.00, what is
5 answers
asked by
Mimi
603 views
Carol Miller went to Europe and forgot to pay her 740 mortgage payment on her New Hampshire ski house. For her 59 days overdue
1 answer
asked by
Scott
396 views
suppose you purchase a home for $150,000.and obtain a 90% mortgage loan, 30 yr. maturity, at a fixed annual interest rate of 80%
5 answers
asked by
cj
628 views
The monthly payment on a$100,000 mortgage at a rate of 8 1/2 % for 20 years is 8678.23
I am not sure
3 answers
asked by
keleb
954 views
What is the best way to find out the montly payment on a $100,000 mortgage at a rate of 8 1/2% for 20 years
3 answers
asked by
keleb
372 views
What is the interest rate "named" on mortgages?
1 answer
asked by
I ana
318 views
The graph and table below give the monthly principal and interest payments for a mortgage from 1999 to 2004. Use this
1 answer
asked by
Jodi
367 views
Can someone please check my answer for the following problem.
The Smiths wish to refinance their home worth $250,000. They
1 answer
asked by
help
467 views
The graph and table below give the monthly principal and interest payments for a mortgage from 1999 to 2004. Use this
1 answer
asked by
carol
437 views
Dave takes out a 24-year mortgage of 210,000 dollars for his new house. Dave gets an interest rate of 13.2 present compounded
4 answers
asked by
TT
2,044 views
Suppose you take out a 45-year $100,000 mortgage with an APR of 6%. You make payments for 2 years (24 monthly
2 answers
asked by
BB
1,296 views
Five years ago, you bought a house for $171,000. You had a down payment of $35,000, which meant you took out a loan for
1 answer
asked by
tiana
1,256 views
Fiona is purchasing a condominium and is financing $305,000 with a 30-year 5/1 ARM at 4.65% with a 1/12 cap structure. What will
1 answer
asked by
|-/
1,165 views
Dave takes out a 27-year mortgage of 200000 dollars for his new house. Dave gets an interest rate of 14.4 percent compounded
2 answers
asked by
Tung
1,132 views
Suppose that you want to purchase a home for $450,000 with a 30 year mortgage at 6% interest. Suppose that you can put 40% down.
1 answer
asked by
shirley
440 views
The act requiring mortgage lenders to give borrowers HUD booklets and good faith estimates of the closing costs is called the
2 answers
asked by
tota
651 views
You have a $250,000 mortgage. The 30- year fixed rate is 8.5%. You have had your house for ten years. You have 20 years
2 answers
asked by
kate
606 views
You have a $200,000 mortgage. You have had the house for one year. The rate is 7.5% fixed for 30 years. Rates have come down and
2 answers
asked by
Kate
600 views
If you finance $50,000 of the purchase of your new home at 4.40% compounded monthly for 30 years, the monthly payment will be
2 answers
asked by
Shannon
557 views
Five years ago, you bought a house for $151,000, with a downpayment of $30,000 which meant you took out a $121,000 loan. Your
2 answers
asked by
TAMMY
549 views
Five years ago, you bought a house for $151,000, with a down payment of $30,000, which meant you took out a loan for $121,000.
2 answers
asked by
TRAY
550 views
Mortgage is for $300,000 for 30 years, Fixed interest rate = 7% per year.
Annual payments = $23,500 At end of 30 years, must make
4 answers
asked by
Ariana
520 views
John will have to make 180 monthly mortgage payments and the first payment was made on January 15,1989.If he makes one payment
4 answers
asked by
Grace
510 views
Using the maximum ratios for a conventional mortgage, how big a monthly payment could the Taylor family afford if their gross (
1 answer
asked by
Tonya
507 views
Five years ago, you bought a house for $171,000. You had a down payment of $35,000, which meant you took out a loan for
4 answers
asked by
t
507 views
The graph and table below give the monthly principal and interest payments for a mortgage from 1999 to 2004. Use this
1 answer
asked by
carol
505 views
Mr. and Mrs. Rahman purchase a house of 115,000. They make a 20% down payment. With the balance amortized by a 30-year mortgage
1 answer
asked by
Sarah
49 views
please check my answer thanks :)
Mike purchased a home the mortgage is $235,000 at 8 3/4 % for 25 years. His annual property
2 answers
asked by
kaleigh
485 views
Monthly payments on a house valued at $84000 with 4.9% compound interest over 30 years
2 answers
asked by
Jesse
457 views
Lauren and mark obtained a 20 year 120,000 conventional mortgage at 10.5% on a house selling 150,000. their monthly mortgage
2 answers
asked by
nichole
485 views
Larry purchased a ski lodge in Telluride for $850,000. His bank is willing to finance 70% of the purchase price. As part of the
1 answer
asked by
Michael
462 views
A couple can afford to make a monthly mortgage payment of $850. If the mortgage rate is 2% and the couple intends to secure a
1 answer
asked by
amanda
474 views
The Washingtons buy a $260,000 home by putting 20% down and financing the balance with
a 30-year fixed-rate 4.2% mortgage,
1 answer
asked by
Greg
459 views
5 YEARS AGO BROUGHT A HOUSE FOR 171,000 WITH A DOWN PAYMENT OF 30,000 MAKING ME BORROW 141,000 WITH AN INTEREST RATE OF 5.75%
1 answer
asked by
TREVON
452 views
paying off 100,000 mortgage at 7.5% interest in 5 years! what are the monthly payments?
1 answer
asked by
Russell
447 views
if i buy a house for $184,000, and plan on paying a down payment of 10% and doing a 30 year loan plan, what will the loan cost?
1 answer
asked by
abby
31 views
if i buy a house for $184,000, and plan on paying a down payment of 10% and doing a 30 year loan plan, what will my monthly
1 answer
asked by
abby
32 views
Paying 13 mortgage payments instead of 12 per year can save you thousands in interest cost. If you had a $175,000 mortgage at 6%
1 answer
asked anonymously
34 views
You can afford a $1950 per month mortgage payment. You've found a 25 year loan at 6% interest.
Round all values below to the
1 answer
asked anonymously
24 views
our parents are buying a house for $187,500. They have a good credit rating, are making a 20% down payment, and expect to pay
1 answer
asked anonymously
48 views
A mobile home secured to the ground qualifies for what kind of loan?
Responses auto auto - no response given mobile home mobile
1 answer
asked anonymously
39 views
141,000 and borrows 52.3 percent of the homes vaue in the bank
1 answer
asked anonymously
17 views
Mateo is trying to buy a house and applied for a mortgage. He received a notice that the bank had turned him down for a loan. He
1 answer
asked by
LostCoward
31 views
Rosario was able to get a great interest rate on her house. She financed $150,000 for 15 years with an interest rate of 2.75%.
Pa
1 answer
asked anonymously
13 views
On August 1, the home mortgage balance was $247,000 for the home owned by Kevin Brooks. The interest rate for the loan is 7.125
1 answer
asked anonymously
13 views
The variable interest rate for a mortgage changes in response to movements in the market and the rate used is usually referred
1 answer
asked anonymously
14 views
Interest rates were high during covid when Ralph bought his first home. Interest rates have come down since and Ralph is with
1 answer
asked anonymously
9 views
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Parent Categories (10)
Debt
Finance
Finance/Loans
Financial Mathematics
Homeownership
Housing Expenses
Loans
Loans and Borrowing
Personal Finance
Real Estate