asked 220k views
2 votes
Jill is considering a 7/23 balloon mortgage with an interest rate of 3.5% to

purchase a house for $265,000. What will be her monthly payment for the first
7 years of the balloon mortgage?

A. $1189.97
B. $1640.00
c. $1133.64
D. $1245.98

asked
User Machfour
by
8.2k points

2 Answers

4 votes

Answer: A. $1189.97

Explanation:

answered
User Vzsg
by
7.6k points
2 votes

Answer: A. $1189.97

Explanation:

answered
User Dgwyer
by
7.9k points
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