You want to buy a $155,000 home. You plan to pay 5% as a down payment, and take out a 30 year 6.65% interest for the rest. a) What is the amount of the down payment? b) What will the amount of the mortgage? c) The bank charges 1.5 points on the loan. What is the amount charged for points? %24

find the monthly mortgage loan payment for a $187,000 loan at 4.0% for 20 years.

You are thinking of purchasing a house. The house costs $200,000. You have $29,000 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 be your annual payment if you sign this mortgage? The annual payment is $ (Round to the nearest dollar.)

You want to buy a $157,000 home. You plan to pay 10% as a down payment, and take out a 30 year loan at 5.55% interest for the rest. what are your monthly payments