If a mortgage is 185,000. calculate the monthly payment and closing cost for each. 20...

80.2K

Verified Solution

Question

Algebra

image

If a mortgage is 185,000. calculate the monthly payment and closing cost for each. 20 yr fixed rate at 5.5% with closing cost of 2200 and 1 point. 20 yr fixed rate at 5.25% with closing cost of 2200 and 5 points

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students