Question:

Determine the monthly principal and interest payment for a

Last updated: 1/23/2024

Determine the monthly principal and interest payment for a

Determine the monthly principal and interest payment for a 20 year mortgage when the amount financed is 275 000 and the annual percentage rate APR is 4 5 The monthly principal and interest payment is Round to the nearest cent as needed 2 Monthly Principal and Interest Payment per 1000 of Mortgag Rate 4 0 4 5 5 0 5 5 6 0 6 5 7 0 7 5 Click here for table of Monthly Payments 8 0 8 5 9 0 9 5 25 30 Number of Years 10 15 20 10 12451 7 39688 6 05980 10 36384 7 64993 6 32649 5 27837 4 77415 5 55832 5 06685 5 36822 10 60555 7 90794 6 59956 5 84590 10 85263 8 17083 6 87887 6 14087 5 67789 11 10205 8 43857 7 16431 6 44301 5 99551 11 35480 8 71107 7 45573 6 75207 6 32068 7 75299 7 06779 6 65302 8 05593 7 38991 6 99215 8 36440 7 71816 7 33765 8 67823 8 05227 7 68913 8 99726 8 39196 8 04623 8 40854 8 73697 9 32131 11 61085 8 98828 12 13276 11 87018 9 27012 9 55652 9 84740 12 39857 12 66758 10 14267 12 93976 10 44225