Register

Tom owns a $160,000 home, for which he has a 30-year mortgage in the amount of $900 a month. Once he has paid off the mortgage, how much will he have paid in interest?

Tom owns a $160,000 home, for which he has a 30-year mortgage in the amount of $900 a month. Once he has paid off the mortgage, how much will he have paid in interest?
asked 38.5k views
5 votes
Tom owns a $160,000 home, for which he has a 30-year mortgage in the amount of $900 a month. Once he has paid off the mortgage, how much will he have paid in interest?

Tom owns a $160,000 home, for which he has a 30-year mortgage in the amount of $900 a-example-1
asked
User Bowofola
by
8.3k points

2 Answers

4 votes
164,000 in interest
answered
User ZHAO Xudong
by
9.6k points
5 votes

A he will pay $164,000

answered
User Melynda
by
8.3k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!