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The Smiths took out a 30 YEAR mortgage How many monthly payments will they have to make?
Wiki User
∙ 15y ago
10x12 = 120 months. 120 months x 3 = [360 months] 360...12 month in a year times 30 years.
Wiki User
∙ 15y ago
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The Smiths took out a 30-year mortgage How many monthly payments will they have to make on this mortgage?
360
If the Smiths took out a thirty year mortgage. how many monthly payments will they have to make on this mortgage?
12 months in a year. 12 X 30 = 360 payments.
The Patels took out a 15-year mortgage How many monthly payments will they have to make on this mortgage?
180
What are the monthly payments on a 30 year fixed rate mortgage at 5 percent?
This would depend on the principal balance of the mortgage.
Which of these describes what can happen with an ajustible rate mortgage?
the monthly mortagage payments go up or down from year to year
The Smiths took out a 30-year mortgage How many monthly payments will they have to make on this mortgage?
360
If the Smiths took out a thirty year mortgage. how many monthly payments will they have to make on this mortgage?
12 months in a year. 12 X 30 = 360 payments.
What can happen with an adjustable mortgage?
The monthly mortgage payments go up or down from year to year.
What can happen with an adjustable-rate mortgage?
The monthly mortgage payments go up or down from year to year.
What happens with an adjustable rate mortgage?
The monthly mortgage payments go up or down from year to year.
The Patels took out a 15-year mortgage How many monthly payments will they have to make on this mortgage?
180
If you are adding extra to your monthly mortgage payments to put in your escrow will your payments go down after one year?
no not neccesarily
What are the monthly payments on a 30 year fixed rate mortgage at 5 percent?
This would depend on the principal balance of the mortgage.
Which of these describes what can happen with an ajustible rate mortgage?
the monthly mortagage payments go up or down from year to year
How hard is it to get approved for a 15 year mortgage?
In order to get a 15 year mortgage you need to have good credit. You must also be able to pay the larger monthly payments without any difficulty. Getting a approved for a 15 year mortgage is not difficult as long as you have good credit and can afford the payments.
What is the difference between a 30 year and 15 year mortgage?
The main difference between an 30 year mortgage and a 15 year mortgage would be the monthly cost. The 30 year would be cheaper payments but the loan interest would cost more.
What is the general difference between a 15 year and a 30 year mortgage rate?
Typically there is one major difference between a 15 year and a 30 year mortgage rate. Those are the payments, as a 15 year rate will have higher monthly payments, but a lower interest rate and vice versa with the 30 year rate.
