Janelle and Jacob are considering a $130,000 mortgage for 30 years at 4.8%. With this information, their monthly payment would be $682.06. If they make only the minimum payment each month, what is the

Janelle and Jacob are considering a $130,000 mortgage for 30 years at 4.8%. With this information, their monthly payment

would be $682.06.
If they make only the minimum payment each month, what is the total payback of this loan?
How much of this total payback is interest?

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Janelle and Jacob are considering a $130,000 mortgage for 30 years at 4.8%. With this information, their monthly payment would be $682.06. If they make only the minimum payment …

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