Wednesday, November 25, 2015

How long would it take me to pay off this mortgage [description]?


How long would it take me to pay off this mortgage [description]?
Added (1). I live with my parents so I have no expenses.

I want to but a house for 100,000 with 25,000 down. I make 2300 per month and could rent the place for 700 + utilities

I would like to apply as much as possible towards the mortgage. Assuming monthly payments and a 3% interest rate, how long would it take to pay off the mortgage?

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