Given:$150,000 home financed for 30 years at 9%.
List and ANSWER all 9 questions as presented in above notes (Annual/monthly/total int paid/total pmts etc) AND savings of 15 year vs 30 year ‘deal’.
What are annual payments on a $150,000 for 30 years @ 9%
What are monthly payments
What are total payments
What is total interest paid
What are annual payments in a $200,000 15 years @ 9%
What are monthly payments
What are total payments
Total interest paid
What are SAVINGS od 15 year vs 30 year mortage?