Ask Question
9 September, 01:14

Scott purchased a $146,000 home with a 7/23 balloon mortgage. His initial rate was 3.5%. At the end of the initial rate he decided to refinance a balloon payment with a 30 year mortgage fixed at 5%. What is his new mortgage payment

A:$654.87

B:$707.63

C:$655.61

D:$666.55

+5
Answers (2)
  1. 9 September, 02:13
    0
    The answer is B: $707.63
  2. 9 September, 04:06
    0
    D 666.55
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Scott purchased a $146,000 home with a 7/23 balloon mortgage. His initial rate was 3.5%. At the end of the initial rate he decided to ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers