Ask Question
21 September, 09:06

Tom has obtained a 5/25 balloon mortgage. After the initial period, he

decided to refinance the balloon payment with a new 30-year mortgage. How

many years will he be paying for his mortgage in total?

+4
Answers (1)
  1. 21 September, 12:14
    0
    The answer is 35 years.

    Step-by-step explanation:

    30+5=35
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Tom has obtained a 5/25 balloon mortgage. After the initial period, he decided to refinance the balloon payment with a new 30-year ...” 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