Rick Rueta purchased a $76,000 home at 7.5% for 30 years with a down payment of $25,000. His annual real estate tax is $1,680 along with an annual insurance premium of $840. Rick’s bank requires that...

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Rick Rueta purchased a $76,000 home at 7.5% for 30 years with a down payment of $25,000. His annual real estate tax is $1,680 along with an annual insurance premium of $840. Rick’s bank requires that his monthly payment include an escrow deposit for the tax and insurance. What is the total payment each month for Rick?

Answered Same DayJan 02, 2022

Answer To: Rick Rueta purchased a $76,000 home at 7.5% for 30 years with a down payment of $25,000. His annual...

David answered on Jan 02 2022

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Question;
Rick Rueta purchased a $76,000 home at 7.5% for 30 years with a down payment of $25,000. His annual
real estate tax is $1,680 along with an annual insurance premium of $840. Rick’s bank requires that his
monthly payment include an escrow deposit for the tax and insurance. What is the total...

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Rick Rueta purchased a $76,000 home at 7.5% for 30 years with a down payment of $25,000. His annual real estate tax is $1,680 along with an annual insurance premium of $840. Rick’s bank requires that...

Answer To: Rick Rueta purchased a $76,000 home at 7.5% for 30 years with a down payment of $25,000. His annual...

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