Fixed rate mortgage offer:

Purchase price: $170,000

Down payment ($34K) : 20%

Term: 30 years

Interest rate: 4.25%

Property tax (yearly) : $1,500

Homeowner's insurance (yearly) : $1,000

The total monthly payment Demarco and Tanya should anticipate is

$1,700.

$669.

$877.

$1,200.

Question

Nadeen

29 March, 16:50

+4

Answers (1)

Know the Answer?

Shea Holt · Answer 1

Shea Holt 29 March, 20:49

0

Answer: The answer is:

C) $887

Fixed rate mortgage offer:Purchase price: $170,000Down payment ($34K) : 20%Term: 30 yearsInterest rate: 4.25%Property tax (yearly) : $1,500Homeowner's insurance (yearly) : $1,000The total monthly payment Demarco and Tanya should anticipate is$1,700.$669.$877.$1,200.