what would be my mortgage payments on two gov. loans totaling 91568.00 at the apr of 1% ?
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Mortgage loans through Farm Credit Administration,
Price:
Price:
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AT what amortization? You have to have 3 elements to figure this out:
1). Loan amount
2). Interest rate (apr)
3). Life of the loan or amortization period
Loan $ 91,568.00
Interest rate 1%
30 years
Monthly payment $ 294.52 (PI-Principal and Interest)