Question:
You can afford a $1000 per month mortgage payment. You've
Last updated: 7/6/2022
You can afford a $1000 per month mortgage payment. You've found a 30 year loan at 6% interest. a) How big of a loan can you afford? Round your answer to the nearest dollar. b) How much total money will you pay the loan company? Round your answer to the nearest dollar. c) How much of that money is interest? Round your answer to the nearest dollar.