1.
$1,690.35
2.
Depends on her gross income and debts
3.
No taxes and insurance, utility, PMI (Private Mortgage Insurance)
etc. are extra
4.
Points fees, origination fee, administrative costs
5.
Payment | Loan beginning balance | Payment | Interest payment | Principal payment | Loan ending balance |
1 | 225000 | $1,690.35 | $1,546.88 | $143.47 | $2,24,856.53 |
2 | $2,24,856.53 | $1,690.35 | $1,545.89 | $144.46 | $2,24,712.06 |
3 | $2,24,712.06 | $1,690.35 | $1,544.90 | $145.45 | $2,24,566.61 |
6.
By increasing downpayment
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