Register

Theresa is considering a 7/23 balloon mortgage with an interest rate of 4.5% to purchase a house for $204,000. What will be her monthly payment for the first 7 years of the ball…

Theresa is considering a 7/23 balloon mortgage with an interest rate of 4.5% to purchase a house for $204,000. What will be her monthly payment for the first 7 years of the ball…
asked 119k views
3 votes
Theresa is considering a 7/23 balloon mortgage with an interest rate of 4.5%

to purchase a house for $204,000. What will be her monthly payment for the
first 7 years of the balloon mortgage?

asked
User Aladine
by
8.0k points

2 Answers

2 votes

Answer: $1033.64

Explanation:

answered
User Balkaran Singh
by
7.1k points
2 votes

Answer:

The answer is 1033.64

Explanation:

answered
User Momoko
by
8.4k points
← Prev Question Next Question →

Related questions

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 =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!