Question

PLEASE HELP ASAP!

Answer 1

Shannon finances $189,000 with a 20/7 balloon mortgage at 6.25%. How much will she pay for principal and interest over the life of the loan?

Answer 2

$261,951.94

$264,100.53

$266,751.42

$497,322.00

Answer 3

Thats not one of the answers

Answer 4

Okay thank you :) can u help me with another one?

Answer 5

Joanne and Bill are financing $305,500 to purchase a house. They obtained a 20/6 balloon mortgage at 5.75%. What will their balloon payment be?

$206,311.68

$401,542.25

$152,285.77

$249,295.69

Answer 6

@jim_thompson5910