jernmaso
contestada

PLEASE HELP ASAP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! 82 POINTS!!!!!!!!!!!

What is the total monthly payment for this mortgage?

-Principle per month-$980
-Interest per month- $105
-Property tax per year-1 percent of the value of the house($150,000)
-Home insurance per year- $360
-PMI per month-$45

ANSWER CHOICES:
1.) $980
2.) $4,680
3.) $1,085
4.) $1,285

Respuesta :

markguevara03

The answer is D, $1,285

arkadianrussell

if you add the principle per month which equals $980 with the interest per month which equals $105 then you get $1025. then you add the PMI per month which equals $45 to the $1025 you will get $1130. $1130 should be your answer but i don't see it up there so just try $1,285

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