Fixed rate mortgage offer:
Purchase price: $170,000
Down payment ($34K) : 20%
Term: 30 years
Interest rate: 4.25%
Property tax (yearly) : $1,500
Homeowner's insurance (yearly) : $1,000
The total monthly payment Demarco and Tanya should anticipate is
$1,700.
$669.
$877.
$1,200.
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