Mathematics, 14.04.2021 03:00 LadyHolmes67
Janine is ready for a $145,000 mortgage for her first home. She is considering two different mortgage options.
Mortgage A: 15 years at 4.5% with monthly payments of $1109.24
Mortgage B: 30 years at 5.3% with monthly payments of $805.19
How much more interest will she pay with mortgage B?
Start by finding the total payback for each mortgage option.
Answers: 1
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Janine is ready for a $145,000 mortgage for her first home. She is considering two different mortgag...
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