Today, you plan on purchasing a $452,000 residential property in
Cincinnati, OH. Fifth Third Bank is willing to finance the entire
home purchase with a 30-year mortgage loan at 5.75% interest,
compounded monthly.
Month
Beginning Balance
Monthly Payment
Monthly Interest
Monthly Principal
Ending Balance
1
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3
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Today, you plan on purchasing a $452,000 residential property in Cincinnati, OH. Fifth Third Bank is willing to finance
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