how long to pay off my mortgage?

Asked by Laurie Caswell, stocvkton calif Tue Jan 20, 2009

WE owe $102,000 on our home Our interest is 5.99% how much would we have to pay per month to pay per month to pay this off in 10 years?

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Rocky G.H. H…, Agent, Ripon, CA
Tue Jan 20, 2009
Hi Laurie,

Approx. Monthly Payment $1,131.90
Not including Tax and Insurance.

Make sure to double check with your lender for terms.

Warmest Regards,

Rocky G.H. Hawrysz
Broker Associate, Realtor, e-Pro
Prudentia California Realty
0 votes
Jay, Home Buyer, North Pole, AK
Tue Jan 20, 2009
open excel.....type in =pmt(5.99/12,120,102000,0,0). If you have a financial calculator divide 5.99/12 and hit i, 120 and hit n, 102000 and hit pv, 0 and hit fv, and then hit pmt.
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