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Michael purchased a $209,000 home with a 30-year mortgage at 5.45%. If makes a $1400 monthly mortgage payment, how many months early will he pay off his mortgage

Michael purchased a $209,000 home with a 30-year mortgage at 5.45%. If makes a $1400 monthly mortgage payment, how many months early will he pay off his mortgage
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Michael purchased a $209,000 home with a 30-year mortgage at 5.45%. If makes a $1400 monthly mortgage payment, how many months early will he pay off his mortgage

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User Dabobert
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8.3k points

1 Answer

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Answer:

109 months

Explanation:

answered
User John Baker
by
8.1k points
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