Mathematics, 13.04.2021 15:40 christi1175
Robert took out an 80/20 mortgage to buy a $100,000 house. The first (80%)
mortgage has an interest rate of 4.75%, and the second (20%) mortgage has
an interest rate of 7.525%. Both mortgages are 30-year fixed-rate mortgages.
What is the total mortgage payment for this house?
A. $140.19
O B. $417.32
O c. $439.87
D. $557.51
Answers: 1
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Robert took out an 80/20 mortgage to buy a $100,000 house. The first (80%)
mortgage has an interest...
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