Mathematics, 19.12.2021 04:00 saharalover11

A house sells for $69,500 and a 30% down payment is made. A 15-year mortgage at 8% was obtained. Find the monthly payment and the total interest paid. Monthly Payment Per $1000 of Mortgage

(Includes Principle and Interest)

Number of years

Rate (%) 15 30

6.5 $8.71 $6.32

7 $8.99 $6.65

7.5 $9.28 $6.99

8 $9.56 $7.34

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