Justin is purchasing a $195,000 home with a 30-year mortgage at 5.25%. Because he is not making a down payment, PMI in the amount of $74.50/month is required for the first two years of the loan. Based on this information, what is the total cost of this loan?
A. $400,369.20
B. $398,156.60
C. $332,042.96
D. $389,436.00
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Justin is purchasing a $195,000 home with a 30-year mortgage at 5.25%. Because he is not making a down payment, PMI in the amount 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
You Might be Interested in
Larry read a 400 page book. He read at a rate of 10 pages per day for d dd days. Write an equation that could be used to find out how many days it took Larry to read the book.
Answers (1)
Use the given slope and y-intercept of a line to write an equation in slope-intercept form. Slope, m = - 3/8
Answers (1)
Does anyone know f (-3) =
Answers (1)
What would the total bill be of a lunch that costs 12.99 with a tax rate of 6%?
Answers (2)
Write equation for the line in slope intercept form (6,4) and (3,8)
Answers (1)
New Questions in Mathematics
What information do you need to solve the problem?
Answers (1)
Which expression is equivalent to the expression - 3 (4x - 2) - 2x? - 8x - 16x - 14x - 2 - 14x + 6
Answers (1)
Oceanside bike rental shop charges 16 dollar fixed fee plus 9 dollars an hour for renting a bike. jessica paid 61 dollars to rent a bick. how many hours did she pay to have the bick checked out?
Answers (1)
Solve: 2x + 8x - 1 = 19
Answers (1)
What is the y-intercept form of " (3,-2) and (-3,-12) ?"
Answers (1)