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What will be the total cost of Marla's ARM If the term of the loan were 25 or 20 years Instead of 30? Use the variable-rate loan calculator to find the answers. Write them In the spaces below.

Compare the values you just obtained with the total cost of Marla's 30-year variable-rate mortgage. Write down your observations and conclusions.

What will be the total cost of Marlas ARM If the term of the loan were 25 or 20 years Instead of 30 Use the variablerate loan calculator to find the answers Wri class=

Respuesta :

Answer:

25 years= $410,601.07

20 years= $305,131.67

Explanation:

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