Fixed rate mortgage offer: Principal: $170,000 Term: 30 years Interest rate: 4.25%Use this fixed-rate mortgage calculator to help you answer the questions. Keep the calculator open after you complete this question. According to the calculator, the monthly payment Demarco and Tanya should anticipate paying for principal and interest is $208. $877. $669. $1,200.

Mortgage is the type of loan granted for the purchase of immovable property such as house, commercial buildings or any other. In this type of loan the papers and the rights of the property is kept as the collateral until the final loan amount is repaid by the borrower.

In the given case the per month amount for Demarco and Tanya is correct in:

Option b. $877

Calculation:

The total or principle and interest amount from the monthly payment will be 836.60 but as per the given option it will be $877.

Mortgage calculator attached below.

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https://brainly.com/question/24368504