SOLUTION: The average home owners insurance in Las Vegas is $1049 per year. What is your total monthly mortgage payment for the house (this includes principle and interest, taxes, HOA and in
Algebra.Com
Question 1192531: The average home owners insurance in Las Vegas is $1049 per year. What is your total monthly mortgage payment for the house (this includes principle and interest, taxes, HOA and insurance)
house is $500,000 interest rate is 4.25%
property tax is 0.53%
principal is $551.06
interest is $1416.67
Found 2 solutions by CPhill, ikleyn:
Answer by CPhill(1959) (Show Source): You can put this solution on YOUR website!
Your total monthly mortgage payment for the house would be $2,835.98.
Answer by ikleyn(52782) (Show Source): You can put this solution on YOUR website!
.
Without explanations, the post by @CPhill has zero educational value.
RELATED QUESTIONS
Suppose you take out a mortgage for $300000 at 6.5% interest per year compounded... (answered by Theo)
Five years ago, Diane secured a bank loan of $360,000 to help finance the purchase of a... (answered by Theo)
Jennifer flew to Las Vegas averaging 240 miles per hour. She flew back home averaging 210 (answered by Alan3354)
Suppose you take out a mortgage for $550000 at 7.5% interest per year compounded... (answered by ikleyn,Theo)
The price of a home is $150,000.00. The bank requires 15% down payment. The
buyer is... (answered by Theo)
Over the past 40 years, interest rates have varied widely. The rate for a 30-year... (answered by Theo,MathTherapy)
The Patel family recently purchased a home, taking out a mortgage of $235,000 at 8 1/2%... (answered by calabar 69)
The price of home is $250,000, 15% downpayment, 2 points at time of closing, 20 year... (answered by addingup)
The average monthly mortgage payment for recent home buyers in certain city is μ =... (answered by stanbon)