You are thinking about buying a house, and you have one in mind that costs $600,000. The bank is offering 6% loans and requires a 15% down payment. What is the most you can borrow? What will your monthly payment be on a 30 year loan? How much principal will you still owe after 6 years?

You are thinking of purchasing a house. The house costs $350,000. You have $50,000 in cash that you can use as a down payment on the house, but you need to borrow the rest of the purchase price. The bank is offering a 30-year mortgage that requires annual payments and has an interest rate of 6% per year. What will be your annual payment if you sign this mortgage?

You want to buy a $243.000 home. You plan to pay 10% as a down payment, and take out a 30 year loan for the rest. How much im the loan amount going to be? What will your monthly payments be if the interest rate is 5%? What will be your monthly payments if the interest rate is 6%?

You want to buy a $260,000 home. You plan to pay $26000 as a down payment, and take out a 30 year loan for the rest. a) How much is the loan amount going to be? b) What will your monthly payments be if the interest rate is 6% monthly? c) What will your monthly payments be if the interest rate is 7% monthly? $

You want to buy a $153,000 home. You plan to pay 5% as a down payment, and take out a 30 year loan at 5.25% interest for the rest. a) How much is the loan amount going to be? $ b) What will your monthly payments be? $ c) How much total interest do you pay? $ d) Suppose you want to pay off the loan in 15 years rather than 30. What will your monthly payment be? $ e) How much money in interest will you save if you finance for 15 years instead of 30 years? $

You want to buy a $251,000 home. You plan to pay 5% as a down payment and take out a 30-year loan for the rest.  How much is the loan going to be?  What will the monthly payments be if the interest rate 5%?  What will the monthly payments be if the interest rate is 6%?

You are thinking of purchasing a house. The house costs $309,000. You have $55,000 in cash that you can use as a down payment on the house, but you need to borrow the rest of the purchase price. The bank is offering a 25-year mortgage that requires annual payments and has an interest rate of 10% per year. What will be your annual payment if you sign this mortgage? The annual payment will be $. (Round to the nearest cent.)

You are thinking of purchasing a house. The house costs $400,000. You have $57,000 in cash that you can use as a down payment on the house, but you need to borrow the rest of the purchase price. The bank is offering a 30-year mortgage that requires annual payments and has an interest rate of 9% per year. What will your annual payment be if you sign up for this mortgage? The annual payment is $ (Round to the nearest dollar.)

Suppose you decide to wait 5 years to save up before buying the house.  You are able to put a down payment of $30,000 on the house, so that you only need to borrow $170,000 from the bank.  Assume the interest rate is still the same, but you are now in a better financial position, and you can pay off the loan in 240 equal monthly payments. Answer the following questions about this loan. After making 240 monthly payments, how much of what you paid the bank was interest? $                      .  ROUND TO THE NEAREST CENT. THANKS APPRECIATE THE HELP!!!

You are thinking of purchasing a house. The house costs $400,000. You have $57,000 in cash that you can use as a down payment on the house, but you need to borrow the rest of the purchase pr The bank is offering a 30-year mortgage that requires annual payments and has an interest rate of 8% per year. What will be your annual payment if you sign this mortgage? The annual payment is $. (Round to the nearest dollar)