Math Project

Math Project - Use the following guidelines: 5% Interest...

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Unformatted text preview: Use the following guidelines: 5% Interest Rate: 20% Down Payment 7% Interest Rate: 10% Down Payment 10.5% Interest Rate: 5% Down Payment org house price: Interest Rate 5% 7% 10.50% Term 30-Year 20-Year 15-Year 30-Year 20-Year 15-Year 30-Year 20-Year 15-Year Mortgage Amount 336,010.00 336,010.00 336,010.00 377,910.00 377,910.00 377,910.00 398,905.00 398,905.00 398,905.00 Down Payment 83,890.00 83,890.00 83,890.00 41,990.00 41,990.00 41,990.00 20,995.00 20,995.00 20,995.00 Monthly Payment 1,803.78 2,217.52 2,657.15 2,514.25 2,929.94 3,396.77 3,648.95 3,982.59 4,409.50 Total of All Payments 649,360.80 532,204.80 478,287.00 905,130.00 703,185.60 611,418.60 1,313,622.00 955,821.60 793,710.00 Total Interest 313,350.80 196,194.80 142,277.00 527,220.00 325,275.60 233,508.60 914,717.00 556,916.60 394,805.00 Unpaid Balance 170,062.81 117,507.95 140,804.25 216,543.19 147,967.81 171,543.66 270,422.80 185,289.31 205,151.23 payment with extra 2,013.45 2,427.19 2,866.82 2,723.92 3,139.61 3,606.44 3,858.62 4,192.26 4,619.17 30-Year, 5% Int Rate, 20% Down Pmt...
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Math Project - Use the following guidelines: 5% Interest...

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