House Mortgage with Rate
If you have a 30-year mortgage at 6.48% on a house, after 10 yrs of payments you will still owe about $170,000.
This problem is confusing. I'm not able to understand what its asking. How would you solve it? Please show work so I can see how the answer is found.
What is the question here?
Maybe how much was loaned?
Well, looks like you can look at this as a new $170,000 mortgage, term 20 years, rate 6.48%: calculate monthly payment....
Originally Posted by slbenfica14