Sue Bender has asked for a 25 year mortgage to purchase a home on Long Island. The purchase price is $465,000 of which Bender must borrow $375,000 to be repaid in monthly installments. If Kyle can get his loan for an APR of 6.25%, how much in total finance charges must he pay?
We need at least 10 more requests to produce the solution.
0 / 10 have requested this problem solution
The more requests, the faster the answer.