Nick’s parents purchased their first home in the 1980’s with a 30-year mortgage at 19.5%.

Question

asked Jun 11, 2019 17.0k views

1 Answer

Domoarigato · Answer 1 · 2019-06-17T07:35:39+0000

$ 2037.40

Interesting that there was no down payment..........The staggering monthly payment above would be enough to pay off the total mortgage in just over 5 years. Nick's parents would be much better off to save their money for a few years.

Nick’s parents purchased their first home in the 1980’s with a 30-year mortgage at 19.5%.

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

No related questions found

Categories

Other Questions