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Title: You just bought a home for $250,000 and are scheduled to make monthly payments of $1,834.41 for 30 ... Post by: stranahan on Nov 20, 2016 You just bought a home for $250,000 and are scheduled to make monthly payments of $1,834.41 for 30 years at 8% APR. Suppose you add $400 each month to the $1,834.41 house payment, making your monthly payment $2,234.41. This extra amount is applied to the principal. How long will it take you to pay off your loan of $250,000? Use a calculator to determine your answer.
A) It will take about 206 months. B) It will take about 216 months. C) It will take about 16.5 years. D) It will take about 15.5 years. Title: Re: You just bought a home for $250,000 and are scheduled to make monthly payments of $1,834.41 for ... Post by: blightermourn on Nov 20, 2016 Content hidden
Title: Re: You just bought a home for $250,000 and are scheduled to make monthly payments of $1,834.41 for 30 ... Post by: stranahan on Jan 6, 2017 Thanks ^-^
Title: Re: You just bought a home for $250,000 and are scheduled to make monthly payments of $1,834.41 for ... Post by: mm3 on Feb 19, 2019 thanx
Title: Re: You just bought a home for $250,000 and are scheduled to make monthly payments of $1,834.41 for ... Post by: Answer Seeker on Jul 19, 2020 Thank you!
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