Dudley took out an 80/20 mortgage to buy a $145,000 house. The first (80%) mortgage had an interest rate of 4.75%, and the second (20%) mortgage has an interest rate of 4.75%. Both mortgages are 30-year fixed-rate mortgages. What is the total mortgage payment for this house?
A) $605.11
B) $730.31
C) $203.27
D) $808.38

Question

Dudley took out an 80/20 mortgage to buy a $145,000 house. The first (80%) mortgage had an interest rate of 4.75%, and the second (20%) mortgage has an interest rate of 4.75%. Both mortgages are 30-year fixed-rate mortgages. What is the total mortgage payment for this house? 
A) $605.11
B) $730.31
C) $203.27
D) $808.38

anonymous · Answer

@alejandro1300 i dont get private messages :/

anonymous · Answer

B) $730.31

anonymous · Answer

@alejandro1300 thankyou!

anonymous · Answer

hah you know you can change that right?? Unless its on pourpous....and youre welcome :P