question archive If you buy a house for $450,000 and get a fully amortizing, 30 year, $360,000 mortgage at a fixed interest rate of 6
If you buy a house for $450,000 and get a fully amortizing, 30 year, $360,000 mortgage at a fixed interest rate of 6
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If you buy a house for $450,000 and get a fully amortizing, 30 year, $360,000 mortgage at a fixed interest rate of 6.24%/year, compounding monthly, what is your monthly mortgage payment?
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=PMT(6.24%/12,12*30,-360000)
=2214.2411
