A couple has decided to purchase a 200000 house using a down

Last updated: 5/21/2023

A couple has decided to purchase a 200000 house using a down payment of 17000 They can amortize the balance at 10 over 15 years a What is their monthly payment Answer S b What is the total interest paid Answer c What is the equity after 5 years Answer d What is the equity after 10 years