rickyhaymon rickyhaymon

22-01-2024
Mathematics

contestada

Paying 13 mortgage payments instead of 12 per year can save you thousands in interest cost. If you had a $175,000 mortgage at 6% for 30 years, how much extra would you have to pay per year to make 13 instead of 12 mortgage payments per year? How much would you pay if you paid 1/12 of it per month?

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