Ask Question
27 August, 03:28

Mike's closing costs will add up to 4 percent and he'll make a down payment of 20 percent on a house that costs $210,000. Over the life of his loan, he will pay $197,040.76 in monthly payments. What is the total cost of his house?

+4
Answers (1)
  1. 27 August, 07:25
    0
    210000 *.20 = 42000 down payment

    210000 *.04 = 8400 closing costs

    197040.76 + 42000 + 8400 = 247440.76 total cost
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Mike's closing costs will add up to 4 percent and he'll make a down payment of 20 percent on a house that costs $210,000. Over the life of ...” 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