Kelly has a loan amount of $150,000. She has an interest rate of 6%. The taxes she will pay for this year are $2,400. Her HOI payment each month is $120. What will her mortgage payment be? $1,070 $962 $1,700 • $1,220
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The loan amount is $150,000 and the interest rate is 6%, so the annual interest would be 6% of $150,000, which is $9,000. Show more…
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