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Homework answers / question archive / The Griffins bought a $247,000 house

The Griffins bought a $247,000 house

Math

The Griffins bought a $247,000 house. They made a down payment of $43,000 and took out a mortgage for the rest. Over the course of 15

 years they made monthly payments of $

1721.48

 on their mortgage until it was paid off.

 

(a)What was the total amount they ended up paying for the house (including the down payment and monthly payments)?$

(b)How much interest did they pay on the mortgage?$

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