I'm trying to finish some financial literacy courses online to earn my credit and I just need an answer for the following so that I can get an idea and do it myself.
What is the total monthly payment for this mortgage?
Principle per month: $750
Interest per month: $120
Property tax per year: 0.5 percent of the value of the house ($140,000)
Home insurance per year: $460
PMI (private mortgage insurance?) per month: $45
--------------------My choices are----------------------
A: $1,510
B: $1,283.33
C: $1,760
D: $990
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