Selling Price of Home
$190,000.00
Down Payment Rate of Interest
$50,000.00
7%
Required:
Please use the above information to answer the below questions:
Note: Use cells A2 to D3 from the given information to complete this question.
1. How many total payments on this mortgage?
2. What is the principal (loan)?
3. What is the payment per $1,000?
4. What is the monthly mortgage payment?
300
$140,000
Years
25
