A homeowner takes a 30-year fixed-rate mortgage for 145000


A homeowner takes a 30-year fixed-rate mortgage for $145,000 at 8.05 percent. After twelve years, the homeowner sells the house and pays off the remaining principal. How much is the principal payment?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: A homeowner takes a 30-year fixed-rate mortgage for 145000
Reference No:- TGS01157445

Expected delivery within 24 Hours