Question

Calculate this mortgage payment

Principal Per Month- $1010
Interest Per Month- $156
Property Tax Per Year- 1% of the value of the house (140,000)
Home Insurance Per year- $520
PMI Per Year- $0

A. $1,166
B. $1,177.66
C. $1,326
D. $1,209.33

Answer 1

The answer is C

Step-by-step explanation:

You need to add up all the monthly costs.

1010

156

((140,000/100)/12)

(520/12)

-------------------

$1,326