Joanna earns a gross annual income of $68,450 and is buying a home for $134,900. She is
making a 20% down payment and financing the rest with a 20-year loan at 4.25% interest
questions ⬇️
1: what is her mortgage amount she’ll borrow ?
2: can she afford this mortgage ?
3: what will her monthly mortgage payment be ?
4: what will her total payment for the house be ?
5: what is the amount of interest she will pay ?
