What is the loan amount, after ten years?
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Include mortgages, home information in fürein: original loan rate = $ 185,000 Annual Interest Rate = 6.35% life of loan = 30 JahreWas Kapitalbetragauf the loan after ten years a.? B. $ 150,132.56 $ 155,590.77 c. D. $ 156,241.21 $ 158,464.42 e. $ 154,933.43
Hi Samabaloo,
Good question! Monthly payment of $ 1,151.14 on a 30-year fixed. The principal balance on the loan after ten years is $ 156,240.55.
Sounds like you needed help for a class, but let me know if you have any other mortgage questions. I’ve included some links below with some mortgage info that you might find useful.