Brooke bought a condominium for $413,600. She made a 9% down payment and financed the remaining amount using a 25-year fixed-rate mortgage at 5.2%. The monthly payment is $2,244. Brooke will pay for one discount point, a 0.75% origination fee, the brokerage fee, state documentary taxes on the deed and the mortgage, and the intangible tax.

Question

anonymous · Answer

Can someone help me figure out the mortgage amount?

anonymous · Answer

@mathstudent55 he might be able to help hes smart lol

anonymous · Answer

Ok :) thanks!

anonymous · Answer

okay message him or something so he knows u need help once he sees ur pic he will help lol

anonymous · Answer

Lol ok