This is a continuation of the last problem. We restate it here:

The price of a home is

$300,000 . After a 10% down payment, the mortgage is $

270

,

000

. If this is financed with a

30

-year fixed-rate mortgage at

6

%

, what is the total interest paid over

30

years?

Round your answer to the nearest cent. Use

$1,618.79 for the monthly payment.

asked by guest
on Nov 24, 2024 at 8:22 am



Mathbot Says...

I wasn't able to parse your question, but the HE.NET team is hard at work making me smarter.


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