Home Loan Problems Set 8 Question 8
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Question 8
Shamar is purchasing a house at a price of $210000. He has decided to go with a loan from the Citibank. Shamar has saved up enough money to put down a 11 % deposit. Shamar's mortage term is 30 years, with a fixed interest rate of 10.0 %.
[an error occurred while processing this directive]Calculate how much his total monthly payment is going to be.