A home buyer buys a house for $1,490,000. She pays 20% cash, and takes a fixed-rate mortgage for ten years at 6.2% AP
Posted: Sun Jul 03, 2022 12:54 pm
A home buyer buys a house for $1,490,000. She pays 20% cash,and takes a fixed-rate mortgage for ten years at 6.2% APR. If shemakes semi-monthly payments, which of the following is closest toeach of her payment?