Question

Calculate this mortgage payment

Principal Per Month- $1010
Interest Per Month- $156
Property Tax Per Year- 1% of the value of the house (140,000)
Home Insurance Per year- $520
PMI Per Year- $0

A. $1,166
B. $1,177.66
C. $1,326
D. $1,209.33

Answer 1

Answer:

The answer is C

Explanation:

You need to add up all the monthly costs.

1010

156

((140,000/100)/12)

(520/12)

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$1,326