Scribd Logo
Upload

Welcome to Scribd!

  • Carr

    Uploaded by

    cczz
    11 views1 page
    This document compares the costs of a loan over 7 and 10 years. For a 7 year loan at 3.98% interest, the total cost would be $159,939.05 with a monthly payment of $1,904.04. For a 10 year loan at 4.28% interest, the total cost would be $178,627.38 with a lower monthly payment of $1,488.56 due to the longer term.

    Original Description:

    Original Title

    carr

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document compares the costs of a loan over 7 and 10 years. For a 7 year loan at 3.98% interest, the total cost would be $159,939.05 with a monthly payment of $1,904.04. For a 10 year loan at 4.28% interest, the total cost would be $178,627.38 with a lower monthly payment of $1,488.56 due to the longer term.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    11 views1 page

    Carr

    Uploaded by

    cczz
    This document compares the costs of a loan over 7 and 10 years. For a 7 year loan at 3.98% interest, the total cost would be $159,939.05 with a monthly payment of $1,904.04. For a 10 year loan at 4.28% interest, the total cost would be $178,627.38 with a lower monthly payment of $1,488.56 due to the longer term.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 1

    Price = 138,988.

    00
    Down = 13,898.80
    Principal = 125,089.20
    Tenure = 7 years 10 years
    Int. Rate = 3.980% 4.28%
    Interest = $34,849.85 $53,538.18
    Total = $159,939.05 $178,627.38
    Monthly = $1,904.04 $1,488.56

    Tenure = 7 years 10 years


    Int. Rate = 3.980% 4.28%
    Interest = ### ###
    Total = ### ###
    Monthly = $1,904.04 $1,488.56

    You might also like