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
Answers (2)
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
You Might be Interested in
A bicycle costs $198.99. If the sales tax is 8%, what will be the final cost of the bicycle including tax (in dollars) ?
Answers (1)
What is an inequality term
Answers (1)
Express your answer in simplest form
Answers (1)
What is - 7nx+2nx+2n+7x equal to
Answers (1)
Which number is the greatest - 3.7, - 15/4, - 3.888, or - 3 4/5
Answers (1)
New Questions in Mathematics
Alexa mom has 3 kids. Their names are Ally and Alex, what is the 3rd ones name.?
Answers (2)
What is the answer for 2x - (x+10) = 45
Answers (2)
The volume of one of the Great Lakes is 3.5 * 10^3 cubic kilometers. If there are 6.3 * 10^7 fish in the lake, what is the average number of fish per cubic kilometer?
Answers (1)
An old billionaire is writing his will, and deciding how to distribute his nine estates among his three children. He wants to give each child at least one estate, and he does not want to give any two of his children the same number of estates.
Answers (1)
You drive an average of 300 miles per week in a vehicle that gets only 14 miles per gallon overall. with the cost of gasoline at $3.
Answers (1)