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bri100198 bri100198
  • 14-02-2017
  • Mathematics
Answered

You have just been approved for a 30 year 5.5% fixed home mortgage. The monthly payment that you qualify for is $532.10.

Verified Answer :

gloverfamily199
gloverfamily199 gloverfamily199
  • 14-02-2017

The monthly interest rate charge is $165.  The total principal payment you are making is $367.10+$165.00=$532.10

Answer Link
eham3239
eham3239 eham3239
  • 14-02-2017

monthly charge is 165$
Total:532.16

Answer Link

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