SOLUTION: The Patel family recently purchased a home, taking out a mortgage of $235,000 at 8 1/2% for 25 years. Excluding taxes and insurance, what is the monthly PITI payment of their loan

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Question 290035: The Patel family recently purchased a home, taking out a mortgage of $235,000 at 8 1/2% for 25 years. Excluding taxes and insurance, what is the monthly PITI payment of their loan?
Answer by calabar 69(1)   (Show Source): You can put this solution on YOUR website!

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