Business, 20.01.2020 21:31 hjeffrey168

You are thinking about buying a house. you find one you like that costs $200,000. you learnthat your bank will give you a mortgage for $160,000 and that you would have to use all of yoursavings to make the down payment of $40,000. you calculate that the mortgage payments, propertytaxes, insurance, maintenance, and utilities would total $950 per month. is $950 the cost of owningthe house? what important factor(s) have you left out of your calculation of the cost of ownership?

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You are thinking about buying a house. you find one you like that costs $200,000. you learnthat your...

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