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kaylakelley18:
How are a 30-year balloon mortgage with terms 30/5 and a 30-year 5% adjustable rate mortgage with terms 5/1 and a cap of 2/7 the same? How are they different? (2 points) $29,844 $64,411 $480,100
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kaylakelley18:
i need this answer asap please and thank you so very much.
jhonyy9:
any idea for the first step ?
kaylakelley18:
no
kaylakelley18:
maybe use a mortgage calculator
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