Home Loan Problems Set 4 Question 9
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Question 9
Keenan is purchasing a flat at a price of $560000. He has decided to go with a loan from the Bank of the West. Keenan has saved up enough money to put down a 13 % deposit. Keenan's mortage term is 30 years, with a fixed interest rate of 3.3 %.
[an error occurred while processing this directive]Calculate how much his total monthly payment is going to be.