20-Year-Old House Equity Calculation Quiz
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20-Year-Old House Equity Calculation Quiz

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@HospitableWisdom

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Questions and Answers

What was the original loan amount taken by the couple?

  • $60,000
  • $52,800 (correct)
  • $52,000
  • $58,500

    • What is the monthly payment made by the couple?

  • $498
  • $598 (correct)
  • $548
  • $648

    • What is the current unpaid loan balance?

  • $25,000
  • $30,000 (correct)
  • $35,000
  • $40,000

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