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The Bradley family is borrowing $265,000 to buy a home. They are taking out a 15-year fixed mortgage at a rate of 2.56%.
A. Compute the monthly payment to the nearest cent.
B. Find the total of all the monthly payments for 15 years.
C. What is the total interest?

Respuesta :

dominiquecook92

Answer:

Determine what you could pay each month by using this mortgage calculator to calculate estimated monthly payments and rate options for a variety of loan terms. Get a breakdown of estimated costs including property taxes, insurance and PMI. ... Fixed 30 Years, Fixed 20 Years, Fixed 15 Years, ARM Fixed First 5 Years

Step-by-step explanation:

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