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Home Ownership — Test Answers

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What is the difference in total interest paid between the 15-year and 30-year mortgage options?

A
118 dollars comma 080
B
82 dollars comma 000
C
82 dollars comma 080
D
36 dollars comma 000
25

How much will Jaxon spend on property taxes in the first year of homeownership?

A
3 dollars comma 750
B
3 dollars comma 375
C
3 dollars comma 000
D
2 dollars comma 400

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Home Ownership — Test Answers — Financial Math