Consider a 30-year, fixed-rate mortgage for $100,000 at a nominal rate of 9%. What is the difference in required payment
Posted: Thu Apr 28, 2022 1:57 pm
Consider a 30-year, fixed-rate mortgage for $100,000 at a
nominal rate of 9%. What is the difference in required payments
between a monthly payment and a bi-monthly payment (payments made
twice a month)?
nominal rate of 9%. What is the difference in required payments
between a monthly payment and a bi-monthly payment (payments made
twice a month)?