question archive Suppose a bank offers you a 10% interest rate on a 20-year mortgage to be paid back with monthly payments
Suppose a bank offers you a 10% interest rate on a 20-year mortgage to be paid back with monthly payments
Subject:FinancePrice: Bought3
Suppose a bank offers you a 10% interest rate on a 20-year mortgage to be paid back with monthly payments. Suppose the most you can afford to pay in monthly payments is $700. How much of a mortgage could you afford?
