Mathematics, 22.05.2020 00:11 thegent3473

Harry took out an 80/20 mortgage to buy a house costing $175000. the first (80%) mortgage has an interest rate of 4.75% and the second (20%) mortgage has an interest rate of 7.525% both the first mortgage and the second mortgage are 30-year-fixed-rate mortgages. What is his total mortgage payment for this house? A. $975.63 B. $730.31 C. $245.32 D. $805.87 ANSWER IS $975.63 APE X

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Harry took out an 80/20 mortgage to buy a house costing $175000. the first (80%) mortgage has an int...

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