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Author Question: Ianna has found a fixed rate mortgage for $300 000 at four percent interest amortized over 30 years. ... (Read 417 times)

mpobi80

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Ianna has found a fixed rate mortgage for $300 000 at four percent interest amortized over 30 years. Her payment will be $1426 per month. How much would her payment be if she wanted to amortize the mortgage over 15 years?
$2214.
$2219.
$1733.
$1711.


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Marked as best answer by mpobi80 on Nov 11, 2019

Perkypinki

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