Ben covington is buying a condo they will obtain a 220000


Ben Covington is buying a condo. They will obtain a $220,000, 30 yr. mortgage at 5 percent. Their annual property taxes are expected to be $1,800. Property insurance is $480 a year, & the condo association fee is $220 a month. Based on these items, determine the total monthly mortgage payment for the Covington.

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Financial Management: Ben covington is buying a condo they will obtain a 220000
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