Mathematics, 15.04.2021 22:50 chrisraptorofficial
The Roger's applied for a $70,000 mortgage for 30 years at 9%. Since they had a good credit history,
they actually qualified for a 25 year mortgage at 7%. What were the payments on the 9% loan, and the
7% loan? What do they save monthly? What is the total repayment on the 9% loan and the 7% loan, and
what do they save over the life of the loan?
Answers: 1
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The Roger's applied for a $70,000 mortgage for 30 years at 9%. Since they had a good credit history,...
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