An investor buys a property for $608,000 with a 25-year mortgage that requires monthly payments at...

An investor buys a property for $608,000 with a 25-year mortgage that requires monthly payments at 5.10% APR. After 18 months the investor resells the property for $667,525. How much cash will the investor have from the sale, once the mortgage is paid off? Round to the nearest dollar.

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jeff jeffy answered 1 year ago

An investor buys a property for $608,000 with a 25-year mortgage and monthly payments at 8.10%...

An investor buys a property for $608,000 with a 25-year mortgage and monthly payments at 8.10% APR. After 18 months the investor resells the property for $667,525. How much cash will the investor have from the sale, once the mortgage is paid off?

Aninvestor buys a property for $687,000 with a 25-year mortgage andmonthly payments at 6.3%...

An investor buys a property for $687,000 with a 25-year mortgage and monthly payments at 6.3% APR. After 18 months the investor resells the property for $749,484. How much cash will the investor have made from the sale, once the mortgage is paid off?

Consider a $5,000,000, 9%, 25-year mortgage with monthly payments. Compute the first three payments and the...

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A $95,000 mortgage is to be amortized by making monthly payments for 25 years. Interest is...

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