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you can afford a 1350$ per month mortage payment. youve found a 30 year loan at 7%...

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Finance

youcan afford a 1350$ per month mortage payment. youve found a 30 yearloan at 7% interest.

a)!how big of a loan can you afford

b) how much total money will you pay the loan company

c)how much of that money is interest?

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Transcribed Image Text

youcan afford a 1350$ per month mortage payment. youve found a 30 yearloan at 7% interest.a)!how big of a loan can you affordb) how much total money will you pay the loan companyc)how much of that money is interest?

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