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ASKING PRICE: $285,000-WILL PAY ASKING PRICE REAL ESTATE TAXES

ASKING PRICE: $285,000-WILL PAY ASKING PRICE REAL ESTATE TAXES

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Author: Joyce Buda
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http://theperfecthomework.com/asking-price-285-000-will-pay-asking-price-real-estate-taxes-1990-53-30-year-fixed-interest-rate-30-year-fixed-3-47/


Asking Price:  $285,000-will pay asking price
Real Estate Taxes: 1990.53
30- Year Fixed Interest Rate:  30 Year Fixed 3.47%
Question: 
 
. Compute the down payment, amount financed, and the monthly mortgage
payment (showing how to use the appropriate financial formula).
 
Down Payment:  $57,000Amount Financed: $228,000
285,000 – 57,000 = 271,920
 
 
Monthly Mortgage Payment: (I need help computing the monthly payment and formula)


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