how much would Scott and Jen have for furniture if they bought the less expensive house and put 20% down on that? (Assume they have the original down payment from question #1 and the 6% interest rate)
Down payment: 37, 800
Loan Amount: 17, 200
Monthly Payment: 989
Furniture: ???

PLEASE HELP!

Question

how much would Scott and Jen have for furniture if they bought the less expensive house and put 20% down on that? (Assume they have the original down payment from question #1 and the 6% interest rate)
Down payment: 37, 800
Loan Amount: 17, 200
Monthly Payment: 989
Furniture:  ???

PLEASE HELP!

apoorvk · Answer

something's missing. is there a more expensive house as well?

anonymous · Answer

More expensive:  189,000 at 6% with a 20% down payment for a 15 year mortgage.

apoorvk · Answer

and the less expensive one?

anonymous · Answer

189,000 
20% down payment

apoorvk · Answer

same?

anonymous · Answer

oh sorry.
Less expenseive: 155,000

anonymous · Answer

Do you think you know how to solve it?

apoorvk · Answer

yeah i think, but data missing i think :( i think there is a part of the question before what you posted that is missing.

anonymous · Answer

ok thanks