They Have Found a Very Nice Town House Available for $200,000.Assuming

question 78

Multiple Choice

They have found a very nice town house available for $200,000.Assuming a 20% down payment and a 30-year fixed rate mortgage at 6.65%,what will their PITI be? Annual property taxes are $2,400 and homeowner's insurance premium is $900 per year.

• A)$1,027.14
• B)$1,283.93
• C)$1,302.14
• D)$1,558.93

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