Comments on: please someone help me with math!!!! business finance– home loan?

By: Terry S

Terry S — Fri, 04 Jun 2010 23:47:35 +0000

Plug in the numbers on this mortgage calculator.

Hint 8 3/4=8.75

Here is the link

matzael — Fri, 04 Jun 2010 23:44:34 +0000

The principal and interest payment (P&I payment) is
1932.04
You can figure this out with an on-line calculator like the one here:

Taxes are $6,345 /12=$528.75
Insurance is $1,479/12=$123.25

Monthly PITI payments are $1,932.04+$528.75+$123.25=
$2,584.04

flamingojohn — Fri, 04 Jun 2010 23:33:15 +0000

Mortgage payment: $1932.04
Taxes: $528.75
Insurance: $123.25
PITI payment: $2584.04