Find the amount of monthly mortgage payment


The condominium at the beach that you want to buy costs $249,500. You plan to make a cash down payment of 20 percent and finance the balance over 10 years at 6.75 percent. What will be the amount of your monthly mortgage payment?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Find the amount of monthly mortgage payment
Reference No:- TGS0676256

Now Priced at $5 (50% Discount)

Recommended (94%)

Rated (4.6/5)